Star Innovations Limited

Star Innovations Ltd from Aberdeen, UK, is a small, active company founded thirteen years ago in 2011. Employing six people and holding £388,126 in assets, it operates from a real address and is led by two directors and a solo founder, Cruickshank Scott. The company is an irregular importer, primarily dealing in optical and medical tools and devices, with its last import operation occurring just one month ago in June 01, 2024.

Star Innovations Ltd's website, Blinding Light Sound and Visual, showcases its work as a lighting, sound, and visual installation and sales provider. Established in 1995, the company caters to the licensed trade, retail, and leisure industries, offering services ranging from bespoke lighting installations and LED video walls to DJ equipment supply and home automation. They also provide design consultancy, specializing in dimming control and scene setting. Their work extends across the UK, Europe, and the Middle East.

Financially, Star Innovations Ltd presents a mixed picture. While cash reserves increased significantly by 100% to £48,000, net assets only increased by 14% to £34,000. Bank borrowings increased by 10% to £16,000. Creditors increased by 32% to £350,000, and trade debtors increased by 28% to £320,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The significant increase in creditors, however, suggests potential cash flow pressures. As a small company, it's exempt from an audit, so the financial statements are unaudited. It seems like the company is doing okay, but there is a lot of debt.

Registered in Scotland under the registration number SC402619, with a registered address at AB12 3BG, Scotland, Aberdeen, Star Innovations Ltd Unit 10 Logman Centre, Greenbank Crescent.

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