Ostara Life Limited

Ostara Life Limited is a small holding company based in Aberdeenshire, UK, founded nineteen years ago in 2005. With nine employees and £67,439 in assets, it operates from a virtual address—a fact highlighted by the presence of twelve other companies registered at the same location. The company, led by two directors and one owner, is currently active and imports clothing and accessories (excluding knitted or crocheted items) on a regular basis, with the most recent import activity recorded in September 2024.

The company’s website is not available, so it is difficult to determine the full scope of its operations. However, it is known that Ostara Life Limited operates in the retail sector, specifically focusing on the other retail sale of new goods in specialised stores. It's a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

Financially, Ostara Life Limited presents a mixed picture. Current assets have decreased by 10% to £67,000, while net assets have fallen by 36% to £28,000. Cash reserves have also declined, dropping 28% to £19,000. Bank borrowings have increased significantly, rising by 2,400% to £29,000. Trade creditors have increased by 100%, reaching £24,000. The company’s financial statements are unaudited, likely due to its small size and exemption from an audit. The increase in creditors and the decrease in cash reserves suggest the company may be facing financial pressures, although it’s difficult to say for sure without more information. The company’s small size allows it to be agile, but the sharp decline in equity raises questions about its long-term sustainability.

Registered in Scotland under the registration number SC288581, with a registered address at AB10 1TN, Aberdeenshire, Amicable House, 252 Union Street, Aberdeen.

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