Solderstar Limited

Solderstar Ltd from Oldham, UK, is a small, active company founded 24 years ago in 2000. Employing nine people, it holds £1,885,724 in assets and operates from a real address, managed by five directors and two owners. The company regularly imports and exports optical and medical tools and devices—61 months of imports and 170 months of exports recorded.

The company's website reveals a specialized focus: thermal profiling solutions for the electronics manufacturing industry. Solderstar designs, develops, and manufactures profiling systems, catering to reflow, wave, selective, and vapour phase soldering processes. Their product range includes thermal profilers, oven verification fixtures, profiling software, and even a reflow shuttle with oxygen ppm measurement. They offer tailored packages to suit various budgets and technical needs, serving manufacturers worldwide. The website also features technical articles, product videos, and news updates, showcasing their expertise and industry presence.

Financially, Solderstar Ltd presents a mixed picture. Cash bank holdings have increased by a healthy 13%, reaching £1.5 million, and current assets are up 8.8% to £1.9 million. However, net assets have grown significantly by 18% to £1.9 million, and fixed assets have seen a massive 1,100% increase to £120,000—a substantial jump that could indicate investment in equipment or infrastructure. Trade debtors have decreased by 8.3% to £270,000, suggesting improved collection efficiency. Despite these positive trends, the company’s net losses deepened, and bank borrowings surged, indicating a need to manage expenses. As a small company, it's exempt from an audit, so the financial data is unaudited. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increased fixed assets suggest a long-term commitment to its specialized niche.

Registered in England/Wales under the registration number 04099062, with a registered address at OL1 3LN, England, Oldham, Unit C2 Castle Park Industrial Estate, Bower Street.

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