Stellar Gifts Ltd

Stellar Gifts Ltd from Bury St. Edmunds UK: small company, active status, founded 4 years ago, 2 employees, £381,910 assets, virtual address, 1 director, 1 owner, solo founder, e-commerce site. It's a small business, meeting two of three conditions to be classified as such: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company was incorporated on July 31, 2020, and currently employs just two people. Its assets are reported at £381,910, but the registered address is likely virtual, as 2082 other companies share the same location. The business is owned and directed by Shah Prerana, who also founded it.

Stellar Gifts Ltd operates as an e-commerce site, specializing in retail sales via mail order and the internet. The company’s website, while not providing extensive details, suggests a focus on gift items. It’s a relatively simple online store, lacking the sophistication of larger e-commerce platforms, but it does appear functional. The site's design is clean and easy to navigate, suggesting a focus on user experience.

Financially, Stellar Gifts Ltd shows some concerning trends. While cash reserves remain healthy at £360,000, net assets have slightly decreased, and the company’s average number of employees has dropped to zero. Bank borrowings have decreased, which is good, but trade debtors have increased significantly, suggesting potential issues with customer payments. Creditors have also decreased, which could be a positive sign. The company’s small size means it’s exempt from an audit, so the figures are unaudited. It’s a little strange that there are no employees reported, though, especially given the business is an e-commerce site.

Overall, Stellar Gifts Ltd seems to be facing some challenges, but it's still operating. The company’s financial position isn’t dire, but the decrease in employees and increase in debtors are worth keeping an eye on.

Registered in England/Wales under the registration number 12784613, with a registered address at IP28 7DE, England, Bury St. Edmunds, Unit 82a James Carter Road, Mildenhall.

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