Stellar Group Limited

Stellar Group Limited is a small, active company based in Portsmouth, UK, founded seven years ago in 2017. With just one employee and £458,497 in assets, it operates from a virtual address shared by numerous other businesses, a fact that raises some questions. The company is led by one director and owner, and currently holds a respectable Google rating of 4.0 based on four reviews.

Stellar Group Limited focuses on the retail sale of sports goods, fishing gear, camping goods, boats, and bicycles, both online and through mail order. The company’s website, while not provided, likely reflects this retail focus. It’s a small operation, meeting two of three conditions to be classified as such: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

Financially, Stellar Group Limited presents a mixed picture. While bank borrowings increased slightly by 7.2%, cash reserves saw a significant jump of 260% to £200,000. Creditors also increased substantially, rising 150% to £270,000, which could indicate expanding operations or increased supplier costs. Equity, however, experienced a dramatic increase of 930% to £170,000—a positive sign of retained earnings. The company’s net current assets and liabilities also increased by 270%. It's worth noting that the company’s raw materials inventory increased by 170%, suggesting a buildup of stock.

The company’s financial statements are unaudited, a common practice for small entities. While the increase in cash and equity are encouraging, the rise in creditors warrants monitoring. The company's success hinges on effectively managing its increased stock levels and maintaining its customer base.

Registered in England/Wales under the registration number 10986657, with a registered address at PO17 5JQ, England, Wickham, Hampshire, 12a The Square.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.