Solstar Enterprises Limited

Solstar Enterprises Ltd, based in Desford, UK, is a small, family-run holding company with an active status. Established 35 years ago in 1990, it employs 46 people and holds assets totaling £1,243,130. With five directors and three owners, the business operates from a real address and boasts a 3.0-star Google rating from five reviews. It’s an irregular importer, with its top import category being Iron or Steel Products, totaling 1 month of imports, the last operation conducted in November 2022.

The company’s website, Solstar Creative Retail Displays, specializes in creating bespoke retail displays, offering services from product design and prototyping to manufacturing and assembly. It highlights in-house manufacturing, control, and quality, transforming retail concepts into successful store environments. The website also showcases expertise in custom displays, retail fixture manufacturing, and sustainable display solutions.

Financially, Solstar Enterprises Ltd’s performance presents a mixed picture. Accumulated depreciation on plant and machinery increased by 4.5%, while leasehold improvements saw a 12% rise. However, motor vehicle depreciation plummeted by 44%, and plant machinery depreciation decreased by 7.2%. Bank borrowings were reduced by 37%, and cash reserves fell by 22%. Creditors increased by 2.7%, and net assets rose by 4.1%. The number of employees increased by 8.7%. While the company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees, the increase in creditors and the decrease in cash reserves could indicate tighter margins. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company. Overall, Solstar Enterprises Ltd appears to be navigating a competitive market, balancing growth with financial stability, and its family-run nature likely contributes to its agility.

Registered in England/Wales under the registration number 02471208, with a registered address at LE9 9FS, Desford, Leicestershire, 26-27 Leeside, Merrylees Industrial Estate.

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