Starlings Of Sheringham Limited

Starlings Of Sheringham Ltd from Norfolk UK: a small, active company founded 35 years ago, employs 68 people, and holds £1,241,519 in assets. It's a real address, managed by four directors and two owners, and operates as a family business with a solid Google rating of 4.0 based on 50 reviews. The company regularly imports toys, games, and sports equipment, with 42 months of import activity recorded.

The business operates a retail store in Sheringham, offering a wide range of toys, games, and sports equipment. While a dedicated website isn't available, the company’s presence is felt through its physical store and local community engagement. It's a traditional, brick-and-mortar operation focused on serving the local area.

Financially, Starlings Of Sheringham Ltd shows a mixed picture. Current assets decreased by 12%, falling to £1,200,000, while net assets remained stable at £1,100,000. Bank borrowings increased slightly by 13%, reaching £32,000, and cash reserves fell by 19%, dropping to £540,000. Creditors decreased by 21%, suggesting improved debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and 68 employees. With no auditor mentioned (likely exempt as a small company), the figures are based on unaudited statements.

The decrease in current assets could be due to increased inventory purchases to meet seasonal demand, or perhaps a slowdown in sales. The increase in bank borrowings might indicate investment in new equipment or store improvements. Overall, Starlings Of Sheringham Ltd appears to be a stable, family-run business navigating the challenges of the retail sector.

Registered in England/Wales under the registration number 02501267, with a registered address at NR19 1TR, United Kingdom, Norfolk, 10 Wrights Walk, Dereham.

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