Star Cold Limited

Star Cold Limited is a small, active company based in London, UK, founded three years ago in May 2021. With two employees and £283,030 in assets, it operates from a virtual address – a point to note as 686 companies share the same registration address. The company is run by a solo founder who also serves as director and owner. It’s a regular importer, specializing in machinery, boilers, and mechanical appliances, with 38 months of import activity recorded, the latest in December 2024.

The company's website, Star International Marine Offshore Services and Supplies, reveals a broader scope of operations. It’s a marine equipment specialist offering a wide range of products and services, including firefighting equipment, chemicals, refrigeration, and even Narwhal rigid inflatable boats. The website emphasizes over 100 years of industry experience and caters to a diverse customer base, from cruise lines to military organizations. It’s clear the company isn's just a simple importer, but a full-service provider for the marine and offshore sectors.

Financially, Star Cold Limited presents a mixed picture. While cash reserves increased by 56% to £54,000, current assets remained steady at £280,000. However, the company’s net assets surged to £38,000, a significant jump from just £11,000 the previous year. Trade debtors plummeted by a staggering 81%, dropping to £34,000, which could indicate improved collections or a shift in payment terms. Creditors, however, ballooned by 140%, reaching £640,000, and other creditors increased by a massive 110,000%, reaching £850,000, suggesting increased reliance on short-term financing. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the sharp increase in creditors warrants closer scrutiny. The company's accounts are unaudited, and no auditor is mentioned, which is typical for small companies. The increase in other creditors is a bit concerning, and it's something to keep an eye on.

Registered in England/Wales under the registration number 13423383, with a registered address at N16 9BS, England, London, 17 Green Lanes.

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