Staingard Ltd

Staingard Ltd from Wirral, UK, is a small, family business with an active status, established nineteen years ago. Employing nineteen people, the company holds assets valued at £3,149,764, but operates from a virtual address shared by thirteen other companies. Managed by five directors and owned by two individuals, Staingard Ltd regularly imports plastics and plastic products (sixty months of import activity) and exports soaps, cleaning products, and waxes (nineteen months of export activity). The company operates in the non-life insurance and other professional, scientific and technical activities industries.

The company’s website, salesstaingard.co.uk, highlights car and home care products, suggesting a retail focus. It also provides contact information, a privacy policy, and copyright details, alongside links to social media platforms like X, Facebook, Instagram, and LinkedIn. The site’s design was created by The Little Design Agency, and it uses cookies to enhance user experience, with options to manage preferences.

Financially, Staingard Ltd presents a mixed picture. While current assets increased slightly to £3.1 million, net assets grew by a modest 6.5% to £2.1 million. However, bank borrowings surged by a substantial 200%, reaching £29,000, and cash reserves declined by 10% to £460,000. Creditors decreased by 10%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees) allows for agility, but the increase in borrowings warrants closer attention. The company’s financial statements are unaudited, as it is exempt from an audit as a small company.

The increase in bank borrowings, coupled with the decrease in cash reserves, could indicate that Staingard Ltd is investing in growth or facing increased operating expenses. It’s possible the company is expanding its product lines or marketing efforts, but the trend suggests a need for careful financial management. The company's reliance on a virtual address also raises questions about its operational infrastructure and potential risks associated with shared facilities.

Registered in England/Wales under the registration number 05694078, with a registered address at CH60 0EE, Wirral, Merseyside, Barnston House Beacon Lane, Heswall.

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