Redstar Online Limited

Redstar Online Ltd from Hope Valley UK is a small holding company with an active status, established nine years ago. The company employs seven people and holds assets valued at £1,524,827. It has a real address, is managed by one director and one owner, and currently has a Google rating of 2.0 based on two reviews. Redstar Online is a regular importer of toys, games, and sports equipment, with 49 months of import activity recorded, and an irregular exporter of the same items, with just two months of export activity.

The company operates as a multichannel retailer, with a focus on the party industry. Its website highlights a flexible approach to change and modern innovation, showcasing a diverse range of own brands and products. Key brands include Redstar Fancy Dress, Peak Sweets, Moonlight Fright, Panzo Products, and Redstar, catering to partygoers with fancy dress costumes, confectionery boxes, Halloween accessories, and unique home and travel items. The website also features testimonials from satisfied customers, praising the quality of products and service.

Financially, Redstar Online Ltd presents a mixed picture. Accumulated amortisation for intangible assets has increased by 86%, while depreciation on property and plant equipment has seen a significant jump of 470%. The company’s cash bank balance has decreased by 35% to £480,000, and creditors have increased substantially by 450% to £1,100,000. However, finished goods inventory has increased by 35% to £790,000, and current assets have remained stable at £1,500,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. The significant drop in equity, however, raises concerns about the company’s long-term financial health. With no auditor mentioned, the figures are unaudited.

Overall, Redstar Online Ltd seems to be navigating a period of change, with both opportunities and challenges ahead. The company’s focus on its own brands and customer satisfaction, along with its flexible approach to change, may help it overcome these challenges and continue to grow in the competitive retail market.

Registered in England/Wales under the registration number 10103510, with a registered address at S33 6RB, United Kingdom, Hope Valley, Derbyshire, Unit 3b, Aston Industrial Estate Parsons Lane, Hope.

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