Star 55 Limited

Star 55 Limited, based in Chelmsford, UK, is a small, active company founded thirteen years ago. With £6,325 in assets and a real address, it's a modest operation managed by two directors and a single owner. The company operates in the retail sale via mail order houses or via internet industries. It's considered small as it meets two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

The company's website, 5 Star Clinic, offers pain relief and therapy services in Preston. It focuses on a range of conditions, including neck pain, back pain, sciatica, and arthritis, and offers physiotherapy, massage therapy, and acupuncture. The site prominently features free treatment offers to attract new clients, and emphasizes a holistic approach to wellbeing, aiming to improve both physical and mental health. It also includes testimonials and blog posts to build trust and showcase expertise. The site is well-organized and easy to navigate, with a clear call to action to book a free treatment.

Financially, Star 55 Limited presents a mixed picture. Current assets have decreased by 25% to £6,300, and net assets have fallen by 9.4% to -£74,000. Cash bank on hand, however, has seen a dramatic increase of 820%, reaching £420. Creditors have also decreased by 12%, suggesting improved debt management. The company's property, plant, and equipment has also seen a reduction, dropping 24% to £170. It's worth noting that bank borrowings have also decreased, a positive sign. With no auditor mentioned, the financial statements are unaudited.

Overall, Star 55 Limited appears to be navigating a challenging financial landscape. While the clinic's website suggests a thriving business with a focus on customer acquisition, the financial data indicates a need for careful management to ensure long-term sustainability. The decrease in assets and the negative equity raise concerns, but the increase in cash reserves offers a glimmer of hope.

Registered in England/Wales under the registration number 08032133, with a registered address at CM3 1NL, Chelmsford, Essex, Unit 5 Chase Side Nurseries, School Lane Great Leighs.

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