Power Star Ltd

Power Star Ltd, based in Stockport Cheadle, UK, is a small, active company founded 21 years ago. With just two employees and £281,964 in assets, it’s a modest operation led by a single director and owner, boasting a stellar 5.0 Google rating from one review. The company regularly imports toys, games, and sports equipment, with 32 months of import activity recorded, the latest in January 2024.

The company’s website, Powerstar Commercial Energy Solutions, focuses on providing commercial energy solutions. It offers voltage optimisation, transformers, and battery energy storage systems, targeting businesses seeking to reduce energy costs, improve efficiency, and drive sustainability goals. The site highlights case studies demonstrating real-world success, showcasing solutions for sectors like food and drink and manufacturing. It’s clear Power Star isn’t just a retailer but a provider of technical services and equipment, with a focus on electrification and energy transition.

Financially, Power Star Ltd presents a mixed picture. While cash reserves decreased by 12% to £66,000, creditors dropped significantly by 13%, suggesting improved debt management. However, the company’s net assets increased by 7.8% to £180,000. Trade debtors also decreased by 4.5% to £67,000. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the increase in other creditors by 24% to £21,000 could indicate growing operational expenses. The lack of a mentioned auditor, likely due to its small size, means the figures are unaudited.

Loans from directors have completely vanished, a big change. It’s possible that the company has paid off these loans, or that the director no longer provides funding. Overall, Power Star Ltd seems to be navigating a period of change, balancing growth with managing costs.

Registered in England/Wales under the registration number 05080847, with a registered address at SK8 2PE, Stockport Cheadle, Cheshire, 28 Demmings Industrial Estate, Demmings Road.

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