Crew Star Ltd

Crew Star Ltd, based in Luton, UK, is a small, active company founded nine years ago in 2016. With 69 employees and £247,984 in assets, it operates from a virtual address – seventy five companies registered at the same address – and is led by a single director and owner, Caminschi Nicolae. The company is an irregular importer, specializing in tanning and dyeing products, with its last import operation occurring just one month ago in July 2024.

Crew Star Ltd’s primary function appears to be recruitment, as evidenced by its website. The site prominently advertises job vacancies for various roles, including Class 1 and 2 HGV drivers, warehouse operatives, fitters, and construction workers. It caters to businesses seeking manpower for commercial, construction, and warehousing sectors, offering services ranging from supplying personnel to managing the entire recruitment process. The website also highlights a commitment to qualified service and ease of work, with all paperwork handled internally.

Financially, Crew Star Ltd’s recent performance presents a mixed picture. While the company’s net assets remained relatively stable at £210,000, cash reserves experienced a significant drop of 86%, plummeting to just £4,700. Bank borrowings increased, reaching £1,700, and creditors decreased, suggesting some improvement in debt management. The number of employees, however, dramatically increased by 68%, rising to 120 – a substantial jump that could be putting strain on resources. The company’s small size (meeting two of three conditions for a small company) means it’s exempt from an audit, and the figures are unaudited.

Overall, Crew Star Ltd seems to be experiencing rapid growth, but the sharp decline in cash reserves is something to keep an eye on. The increased workforce could indicate a successful recruitment strategy, but it also raises questions about the company’s ability to manage its expenses effectively.

Registered in England/Wales under the registration number 09974345, with a registered address at LU1 1SH, England, Luton, 58 New Bedford Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.