Fogstar Ltd

Fogstar Ltd, based in Birmingham, UK, is a small holding company with an active status, having been founded eight years ago in 2016. The company employs ten people and holds assets worth £2,676,837. While it has a registered address, it's likely a virtual one, as 128 companies share the same location. Led by a single director and owner, Fogstar Ltd operates an e-commerce site and enjoys a stellar 5.0 Google rating based on over 1300 reviews.

The company specializes in retail sales via mail order and the internet, with a focus on lithium batteries and related products. Its website, Fogstar Batteries, positions itself as the UK's leading retailer of lithium batteries, offering a wide range of cylindrical, prismatic, and related products. The site caters to diverse applications, from video doorbells and vaping to solar storage and leisure activities. They even offer DIY battery kits and a blog with helpful content on battery safety and usage.

Financially, Fogstar Ltd’s recent performance presents a mixed picture. While cash reserves have impressively increased by 520% to £1.8 million, indicating strong sales or efficient cash management, other areas show concern. Accrued liabilities have surged by a staggering 2500% to £100,000, and corporation tax payable has doubled to £370,000. Trade debtors have plummeted by 85%, suggesting customers are paying slower or credit terms have been reduced. Prepayments have increased dramatically by 1900%, which could indicate bulk purchases or prepayments from customers. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in liabilities and decrease in debtors are worth keeping an eye on. With no auditor mentioned, the figures rely on unaudited statements.

Overall, Fogstar Ltd appears to be a thriving e-commerce business with a strong online presence and positive customer reviews. However, the recent financial trends suggest it's facing some challenges—perhaps related to rapid growth or increased operating expenses. It’s a company to watch.

Registered in England/Wales under the registration number 10490056, with a registered address at B3 1PX, England, Birmingham, West Midlands, 59-61 Charlotte Street St Pauls Square.

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