Lodestar Space Ltd

Lodestar Space Ltd from London UK: a small, active company founded two years ago, employs just two people, and holds £68,958 in assets. It’s a registered business with a real address, overseen by two directors and two owners. The company regularly imports electrical machinery and equipment, with recent activity recorded three months ago. Lodestar Space Ltd operates within the space transport industries.

The company's website, Lodestar, showcases a focus on aerospace services. It’s an e-commerce site, offering a range of space-related products and services, although the exact nature of these offerings isn’s immediately clear. The site features a blog with articles on topics like space exploration, satellite technology, and the future of space travel—suggesting a focus on education and outreach alongside sales. While the site is professional, it lacks detailed information about the company's specific products or services, and the design feels somewhat dated.

Financially, Lodestar Space Ltd presents a mixed picture. While current assets remain steady at £69,000, net assets are negative at -£91,000, indicating accumulated losses. Bank borrowings are stable, and cash reserves are consistent at £64,000. Trade debtors are minimal, and creditors remain at £140,000. The company’s small size—meeting two of three criteria for a small business—allows for flexibility, but the negative equity suggests it’s burning through cash. As a small, exempt company, the accounts are unaudited, so the figures rely on director-reported data.

The company's focus on space transport is ambitious, but the financial data suggests it’s still in an early stage of development. The lack of detail on the website and the negative equity raise questions about its long-term viability, but the consistent cash reserves and stable debt levels suggest it’s managing its finances carefully.

Registered in England/Wales under the registration number 14473705, with a registered address at SE17 3AZ, England, London, Unit 20 Newington Industrial Estate.

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