Starc Services Limited
- Small
- Active
- 5 years
- 2 employees
- £47,400 (assets)
- Virtual address
- 2 directors
- 1 owner
- Regular importer
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Phones
Summary
Starc Services Limited, based in Isleworth, UK, is a small, active company founded five years ago in 2020. With two employees and £47,400 in assets, it operates from a virtual address shared by sixty-seven other companies, raising some questions. The business is run by two directors and a single owner, Yusuf Izza, who also acts as a director. The company is a regular importer, specializing in drinks, alcohol, and vinegar, with three months of import activity recorded as of February 2025. Starc Services Limited engages in the wholesale of household goods and the retail sale of medical and orthopaedic goods.
The company’s website is minimal, offering little insight into its operations beyond its listed industries. There's no indication of an e-commerce presence; instead, it appears to function primarily as a wholesale or distribution business. The lack of a robust online presence suggests a business-to-business model, relying on direct sales and partnerships rather than direct consumer engagement.
Financially, Starc Services Limited presents a mixed picture. Current assets have decreased by 18%, falling to £47,000, while net assets have also dropped by 29%, settling at £3,200. Cash reserves have improved significantly, surging 720% to £8,300, which is a positive sign. However, trade debtors have plummeted by 57%, suggesting potential issues with customer payments or a shift in sales strategy. Bank borrowings have also decreased by 66%, which could indicate better debt management or reduced financing needs. 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 flexibility, but the decline in equity warrants closer scrutiny. As a small company, Starc Services is exempt from an audit, so the figures are unaudited.
Overall, Starc Services Limited appears to be navigating a period of transition. While the improved cash position is encouraging, the decline in assets and equity suggests potential challenges. The company's focus on wholesale distribution, coupled with its small size, may contribute to its financial volatility.
Registered in England/Wales under the registration number 12527277, with a registered address at TW7 5NQ, England, Isleworth, 46 Syon Lane.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 5 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 3 years
- 1
-
Resident of United Kingdom
-
Individual
- 5 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one year ago.
Last news
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Total exemption full accounts made up to 2024-03-31Download 6 pages pdf report
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Confirmation statement made on 2024-05-13 with no updatesDownload 3 pages pdf report
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Micro company accounts made up to 2023-03-31Download 4 pages pdf report
Importer profile by HS codes
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Last imported products
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