Redstar9 Limited

Redstar9 Limited is a small, active company based in Ormskirk, UK, founded three years ago in 2021. It operates as an e-commerce site and is a solo-founded venture with one director and owner, Wayne Beesley. The company’s assets total £10,057, and it’s registered at a real address shared by only one other business. It’s involved in retail sale via mail order houses or via internet industries.

The company’s website, Redstar Foodservice, is a comprehensive online platform for food distributors, offering a vast catalogue of products from Aviko to Turkish specialties. It’s geared towards commercial clients, allowing quick ordering and showcasing a range of inspiration concepts, recipes, and menu ideas. The site also highlights new recyclable packaging and tutorial videos, demonstrating a commitment to innovation and customer support.

Financially, Redstar9 Limited is showing some concerning trends. Current assets have dropped by 20% to £10,000, and net assets have plummeted 230% to -£2,300—a significant downturn. Bank borrowings decreased by 14%, which is good, but cash reserves have fallen 39% to just £57. Creditors have also decreased, but the substantial equity loss suggests the company is burning through money. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data.

While the e-commerce side appears active and well-stocked, the financials reveal a company struggling to maintain a positive balance. It’s likely that the company is facing pressures to increase sales or cut costs, but for now, Redstar9 Limited is betting on its extensive product range and online presence to stay afloat.

Registered in England/Wales under the registration number 13438308, with a registered address at L40 6JE, England, Ormskirk, Lancashire, 91 Crosshall Brow, Westhead.

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