Shooting Stars Square Ltd

Shooting Stars Square Ltd from London UK: a small holding company with an active status, was founded eight years ago. It holds £124,087 in assets and operates from a virtual address, managed by one director and one owner. The company regularly imports printed materials like books, newspapers, and pictures, with four months of import activity recorded ending in November 2020.

The company’s core business involves retail sale via mail order houses or via internet. Its website, Shooting Stars Square, is a simple online store. While it doesn’s offer a wide range of products, it does have a clean design and easy navigation. It’s a small operation, meeting two of three criteria for a small company: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

Financially, Shooting Stars Square Ltd presents a mixed picture. Cash bank on hand increased by 51% to £42,000, while creditors rose by 56% to £57,000. Current assets also increased by 13% to £120,000, but trade debtors skyrocketed by 380% to £25,000. Equity decreased by 8.6% to £67,000, and finished goods fell by 26% to £57,000. Despite these changes, the company’s net assets liabilities remained stable at £67,000. The significant increase in trade debtors suggests potential issues with customer payments, or perhaps an expansion of credit terms. The decrease in finished goods could indicate slower sales or increased inventory management. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Shooting Stars Square Ltd appears to be navigating a period of change. While it has seen growth in some areas, the increase in debt and decrease in equity raise questions about its long-term financial health. It's a small business, and these fluctuations are not uncommon, but the company will need to carefully manage its finances to ensure its continued success.

Registered in England/Wales under the registration number 10233409, with a registered address at N20 9AE, England, London, Prospect House, 2 Athenaeum Road.

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