Star Of Liverpool Ltd.

Star Of Liverpool Ltd is a small, active company based in Manchester, UK, founded six years ago in 2019. With two employees and £137,992 in assets, it operates from a real address and is overseen by two directors and one owner. The company is an irregular importer, primarily dealing in clothing and accessories that aren's knitted or crocheted, with the latest import activity occurring in September 2024. It operates in the other business support service activities n.e.c. industries.

The company's website is not available, so it's difficult to determine the specifics of its operations beyond its import activities. It seems to be a small-scale operation focused on providing business support services, possibly through its import activities.

Financially, Star Of Liverpool Ltd is facing challenges. While its current assets remain steady at £140,000, net assets have plummeted by a staggering 190% to -£60,000. Bank cash has dropped by 92% to just £470, and losses have ballooned to -£41,000—a dramatic increase from the previous year's £1,600 profit. Creditors have also risen by 27% to £200,000, suggesting increased reliance on borrowing. Despite this, trade debtors have fallen by a significant 96%, indicating improved collection of payments. The company meets two of the three criteria to be considered small (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees). As a small company, it's exempt from an audit, so the financial statements are unaudited.

The sharp decline in equity and the substantial losses suggest that Star Of Liverpool Ltd is burning through cash. While it's possible this is a temporary setback, the company will need to address its financial situation to ensure its long-term viability. The decrease in debtors is a positive sign, but the rising creditor levels and shrinking cash reserves are concerning.

Registered in England/Wales under the registration number 11812673, with a registered address at M20 4BA, United Kingdom, Manchester, 527a Wilmslow Road, Withington.

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