Klimstar Ltd

Klimstar Ltd from Greenford UK: a small, active company established 19 years ago, employs two people, and holds £602,140 in assets. It’s a real address with two directors and one owner – a solo founder – and boasts a stellar 5.0 Google rating from just three reviews. The company is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with just one month of import activity recorded as of May 2022.

The company operates as a prime and superprime construction firm in London and the home counties, specializing in high-end residential projects. Its website showcases a portfolio of completed projects, ranging from basement conversions and extensions to full-scale property refurbishments. Klimstar works closely with architects, developers, and homeowners, offering full project management from concept to completion. The company emphasizes its skilled workforce, including joiners, specialist finishers, and environmental consultants.

Financially, Klimstar Ltd presents a mixed picture. Cash bank on hand has seen a significant boost, increasing by 70% to £530,000, while current assets have also risen by 57% to £600,000. However, creditors have also increased, with those due within a year climbing 64% to £330,000. Equity has seen a healthy 25% increase to £360,000, suggesting retained earnings are building up. Depreciation impairment has decreased by 28% to £58,000, which is a positive sign. 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 flexibility, but the increase in creditors should be monitored. With no auditor mentioned, the financial statements are unaudited.

Overall, Klimstar Ltd appears to be financially stable, with a growing asset base and healthy cash reserves. The company's focus on high-end construction and its strong online presence suggest a sustainable business model, though careful management of creditors will be essential for continued success.

Registered in England/Wales under the registration number 05731830, with a registered address at UB6 7LQ, England, Greenford, Unit 26 Wadsworth Business Centre 21 Wadsworth Road, Perivale.

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