Seven Star Products Ltd

Seven Star Products Ltd from Norwich UK: a small, active company founded two years ago, employs two people, and operates from a real address. It’s led by one director and owner, who is also the solo founder. The company is engaged in retail sales via mail order and the internet, specializing in a range of packaging solutions.

The company’s website showcases a diverse product line including polyethylene bags, paper bags, garbage bags, non-woven bags, stretch film, tissue paper, and carrier bags. It also highlights its mission to revolutionize packaging solutions, emphasizing innovation, sustainability, and craftsmanship. The site’s design and messaging suggest a focus on providing complete packaging solutions for businesses, with a particular emphasis on quality and creativity. It’s clearly an e-commerce operation, with contact details and a phone number prominently displayed.

Financially, Seven Star Products Ltd presents a mixed picture. While the company is exempt from an audit, its accounts reveal a net asset liability of -£3,700. Cash reserves are low at just £490, and bank borrowings are nonexistent. Trade creditors have remained steady at £7,100. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the negative equity is a concern. The lack of employee reporting is a bit unusual, suggesting a very lean operation. The accounts are described as "filleted," which is standard for small companies, and were prepared using Taxfiler software.

Overall, Seven Star Products Ltd appears to be navigating early-stage challenges. While it has a clear focus on packaging solutions and a well-designed website, the negative equity and low cash reserves suggest it’s burning through money. Whether it can achieve profitability remains to be seen, but its focus on customer service and a diverse product line could provide a foundation for future growth.

Registered in England/Wales under the registration number 14761165, with a registered address at NR5 8BT, England, Norwich, 12 Roe Drive.

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