Starbank Panel Products Limited

Starbank Panel Products Ltd, based in Newton Le Willows, UK, is a large company holding a significant position in the decorative panel product fabrication sector. Established 28 years ago, the company employs around 80 people and boasts assets of £4.6 million, generating an annual revenue of £10.1 million. With six directors and one owner, it operates from a real address and maintains a stellar 5.0 Google rating based on seven reviews. Regular imports of machinery, boilers, and mechanical appliances parts are recorded, while exports of wood and wood products occur less frequently.

The company’s website showcases a broad range of services, from custom interior fit-outs to manufacturing veneer sheets and wood-based panels. It’s not an e-commerce site, but rather a platform detailing its capabilities and specialized panel products, including fire doors, lightweight panels, and washroom components. Starbank also provides a range of services including panel sizing, laminating, CNC machining, and assembly. The site emphasizes bespoke solutions for sectors like commercial, healthcare, hospitality, education, and leisure.

Financially, Starbank Panel Products Ltd presents a mixed picture. While turnover remained consistent at £10 million, profits declined by 30% to -£150,000. Current assets increased by 12% to £4.6 million, but bank borrowings surged by 2,400%, reaching £29,000. Trade debtors ballooned by 890%, suggesting delayed customer payments or expanded credit terms. Creditors rose 35% to £34,000. The company’s large size (meeting two of three criteria for a large company) and the significant asset base suggest a stable foundation, but the declining profits and increased debt raise concerns about cash flow. The lack of an auditor mentioned suggests the company is exempt from an audit, relying on unaudited statements. The company's financial reports were prepared by Livesey Spottiswood Ltd.

Registered in England/Wales under the registration number 03219930, with a registered address at WA12 8DJ, England, Newton Le Willows, Merseyside, Unit 2 Anglezarke Road, Sankey Valley Industrial Estate.

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