Star Group Fm Ltd

Star Group Fm Ltd is a small, active company based in Nottingham, UK, founded eight years ago in 2017. With 23 employees and £939,286 in assets, it’s a modest operation run by two directors and a single owner, who is also the solo founder. The company operates from a real address and is a regular importer of electrical machinery and equipment, with four months of import activity recorded as of September 2024.

The company’s website, infostarfmgroup.co.uk, showcases its focus on security and facilities management solutions for the construction industry. It offers a range of services, including rapid deployment CCTV, fire safety control panels, and mobile lighting solutions, catering to construction sites of all sizes. The website highlights its partnerships with leading UK construction companies and emphasizes tailored security solutions. It's clear they are not an e-commerce business; instead, they provide services and equipment rentals.

Financially, Star Group Fm Ltd presents a mixed picture. While current assets increased slightly to £940,000, net assets grew by a more substantial 14% to £1.1 million. However, bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 16% to £270,000. Creditors also increased by 38% to £390,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the rise in debt and creditors suggests potential cash flow pressures. The company's average number of employees decreased slightly to 22, which could be a result of restructuring or seasonal fluctuations. The company's accounts are unaudited, likely due to its small size and exemption from an audit.

Overall, Star Group Fm Ltd seems to be navigating a period of growth and expansion, but with increased financial risk. The company's focus on the construction industry and its range of security solutions position it well for continued success, but careful management of its rising debt will be crucial.

Registered in England/Wales under the registration number 10742961, with a registered address at NG8 6PE, England, Nottingham, Strelley Hall, Main Street.

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