Steller Engineering Company Limited

Steller Engineering Company Ltd from Tingewick UK is a small, active company founded eight years ago. With ten employees and £2,413,646 in assets, it’s a well-established operation boasting a perfect 5.0 Google rating based on three reviews. The company has two directors and one owner, Gary Blackham, and operates from a real address at Finmere Aerodrome. It's a regular importer of vehicles, parts, and accessories—not for trains or trams—with eight months of import activity recorded, the latest being March 1, 2024.

The company’s website reveals a fascinating range of activities beyond its core engineering work. Steller Group encompasses several companies, including Steller Motorsport, a championship-winning GT team poised to run two Corvette Z06 GT3.Rs in 2025. They also operate Runway 42, specializing in bespoke engine software. The website highlights a focus on design, building, developing, and winning, targeting customers seeking comprehensive motorsport solutions. It’s clear they’re aiming to provide a full-service offering, from initial design to trackside support.

Financially, Steller Engineering shows some concerning trends. While current assets remained relatively stable at £2.4 million, net assets plummeted 50% to -£4.8 million. Cash reserves have evaporated, falling 97% to just £3,600. Bank borrowings decreased slightly, but trade debtors increased, suggesting potential issues with customer payments. Creditors also rose, indicating increased reliance on short-term financing. The company’s small size—meeting two of three criteria for a small company—helps with agility, but the significant equity decline warrants attention. The unaudited financial statements, prepared by Premier Accountancy, don’t mention an external audit.

Overall, Steller Engineering appears to be facing financial headwinds despite its strong reputation and diverse range of services. The company’s ability to navigate these challenges will depend on its ability to generate revenue and manage its expenses effectively.

Registered in England/Wales under the registration number 10435755, with a registered address at MK18 4JA, England, Tingewick, Buckingham, Steller Technical Centre Finmere Aerodrome, Barton Road.

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