Star Micronics Gb Limited

Star Micronics Gb Ltd, based in Derby, UK, is a large, holding company with an active status, celebrating 33 years since its founding in 1991. The company employs 31 people and holds assets valued at £6,779,911. It operates a real address and is overseen by two directors and one owner, alongside running an e-commerce site and maintaining a 5.0 Google rating from nine reviews. Star Micronics is a regular importer and exporter of machinery, boilers, and mechanical appliances; parts, with 415 months of import activity and 73 months of export activity recorded, the latest in January 2025.

The company's website showcases a wide range of Star CNC sliding headstock lathes, catering to various bar capacity requirements—from 10mm to 51mm. It also offers accessories like FMB bar feeders, work holding solutions, and software, alongside services like turnkey engineering and training. The site emphasizes high-performance machines and support for industries like medical, aerospace, and automotive. It’s clear Star Micronics is positioned as a one-stop shop for CNC lathe solutions.

Financially, Star Micronics Gb Ltd presents a mixed picture. Cash bank on hand declined significantly by 41%, dropping to £2,000,000. Director remuneration increased by a substantial 76%, reaching £580,000, while staff costs rose 22% to £3,000,000. Interestingly, creditors decreased by 31%, suggesting improved debt management, although this was offset by a 39% increase in trade debtors, potentially indicating challenges in collecting payments. Net assets also decreased by 13%, settling at £3,300,000. The company's large size (meeting two of three criteria for a large company) and the rise in staff costs suggest ongoing investment in operations, but the decline in cash reserves and the increase in director remuneration are worth noting. No auditor is mentioned, which is likely due to the company’s size.

Overall, Star Micronics Gb Ltd appears to be a stable, established player in the CNC lathe market, but the recent financial trends suggest it’s navigating some challenges. The company’s focus on high-performance machines and comprehensive support, along with its strong online presence, should help it maintain its position in the industry.

Registered in England/Wales under the registration number 02671978, with a registered address at DE21 7BZ, England, Derby, Unit 1 Riverlands Business Park, Raynesway.

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