Nine Stars Limited

Nine Stars Limited, based in London, UK, is a small, active company founded nineteen years ago in 2005. With twelve employees and £663,622 in assets, it operates from a real address and is overseen by three directors and two owners. The company regularly imports and exports optical and medical tools and devices—nineteen months of import activity and thirty-eight months of export activity recorded. It also operates in the other retail sale of new goods in specialised stores industries.

The company’s website, ninetstarslimited.com, paints a picture of a broader organization focused on sustainable growth across Africa. It’s not just about retail; it’s about fostering innovation in agriculture, energy, mining, real estate, hospitality, and security. The site emphasizes partnerships, customer service, and a commitment to ethical practices—a far cry from the more focused import/export business suggested by the company filings. There's a lot of content about “why invest” and “careers,” hinting at a drive to attract funding and talent.

Financially, Nine Stars Limited presents a mixed bag. While current assets increased by 9.4% to £660,000, net assets surged 74% to £310,000—a positive trend. However, bank borrowings jumped significantly, reaching £22,000, and cash reserves grew only modestly at 8.6% to £22,000. Trade debtors ballooned by 71%, suggesting potential issues with customer payments. Creditors decreased by 18%, which is a good 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 it to remain nimble, but the increase in debt warrants attention. There is no auditor mentioned, likely due to the small company exemption.

Overall, Nine Stars Limited appears to be growing, but the increase in debt and the shift towards a broader, more ambitious business model suggest it’s burning through cash to fuel expansion. It's a risky strategy, but if successful, it could position the company for long-term success.

Registered in England/Wales under the registration number 05652450, with a registered address at SW1V 2LP, London, 40 Churton Street, Pimlico.

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