Starry Asian Market (uk) Ltd

Starry Asian Market Uk Ltd from Colchester UK is a small, active company founded ten years ago. Employing 21 people, it holds £1,805,705 in assets and operates from a real address. Owned and managed by a solo founder, Xue Ying, it’s a family-run business with one director. The company’s core activity is retail, operating an e-commerce site with a stellar 5.0 Google rating from 2,450 reviews. It also owns Starry Mart London Dock Ltd, Starry Mart Wandsworth Ltd, and Starry Mart Fulham Ltd.

The company’s website, Starry Mart Online, is a comprehensive Asian supermarket, offering a vast selection of groceries, drinks, and snacks from various Asian countries. The site emphasizes fresh, frozen, and imported items, catering to a diverse customer base. It also sells kitchenware, beauty products, and even Shokugan figures—a testament to its broad appeal. The site is clearly designed for online sales, with detailed product descriptions, secure payment options, and efficient delivery services.

Financially, Starry Asian Market Uk Ltd shows a mixed picture. Current assets increased by 20%, reaching £1,800,000, while net assets grew by 15%, settling at £650,000. However, bank borrowings surged by 53%, reaching £490,000, and trade debtors decreased by 25%, suggesting potential issues with customer payments. Cash reserves, however, increased by 23%, reaching £1,000,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble, but the increased debt requires close monitoring. No auditor is mentioned, which is likely due to its status as a small company.

Overall, Starry Asian Market Uk Ltd appears to be a successful e-commerce business with a strong online presence and loyal customer base. While the increased debt is a concern, the company’s growth in assets and cash reserves suggests it’s well-positioned for continued success—though perhaps a little more careful with its finances.

Registered in England/Wales under the registration number 09420544, with a registered address at CO2 8BN, England, Colchester, 253-255 Old Heath Road.

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