Solstar Europe Limited

Solstar Europe Ltd from Rochdale UK is a small holding company with an active status, established nineteen years ago in 2005. The company employs seven people and holds assets valued at £1,345,392. It has a real address, is overseen by four directors, and has one owner. Solstar Europe Ltd regularly imports miscellaneous chemical products, with 25 months of import activity recorded, the last operation occurring in January 2025.

The company operates within the professional, scientific, and technical activities industries. Its website is currently unavailable, so it's difficult to determine if it’s involved in e-commerce.

Financially, Solstar Europe Ltd presents a mixed picture. While current assets increased by 11% to £1,300,000, cash bank on hand experienced a significant drop of 48% to £360,000. Debtors have increased substantially by 90% to £990,000, which could indicate expanding sales or potential difficulties in collecting payments. Creditors also rose by 12% to £460,000. Equity, however, grew by 15% to £930,000, reflecting retained earnings. The company meets the criteria for a small company, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to its small size.

The substantial increase in debtors and decrease in cash reserves suggest that the company might be burning through money, although it's also possible that it's experiencing a period of rapid growth. The increase in creditors could be due to increased purchasing of raw materials. The company’s financial health appears stable, but it will be important to monitor these trends in the coming months.

Registered in England/Wales under the registration number 05599607, with a registered address at OL16 2QD, England, Rochdale, 80 Tarnside Close.

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