Stenco Products Limited

Stenco Products Ltd is a small, active company established 40 years ago, founded on February 11, 1985. Based in London, it employs five people and holds £306,637 in assets. The company, owned by Stern Chaja, has four directors and operates from a real address with only one other business registered at the same location. It's a regular importer, specializing in special woven and decorative fabrics, with 31 months of import activity recorded, the last being January 01, 2024. The company operates within the non-specialised wholesale trade industries.

The company's website, stencoproducts.co.uk, showcases a range of fabrics and decorative materials, suggesting a focus on wholesale supply to retailers and manufacturers. While it appears to be an online presence, it doesn's seem to be a fully functional e-commerce site, more of a catalogue. The site's design is somewhat dated, but the product listings are clear and detailed.

Financially, Stenco Products Ltd presents a mixed picture. Current assets have decreased by 14%, dropping to £310,000, while net current assets have increased by 30% to -£150,000. Bank borrowings have seen a significant reduction, falling by 12% to £29,000, which is a positive sign. However, creditors have increased by a substantial 100%, reaching £50,000, which could indicate increased reliance on short-term financing. The company’s small size—meeting two of three criteria for being small—helps it maintain agility, but the rising creditors warrant attention. The unaudited financial statements, prepared by Venitt and Greaves, do not mention an auditor. Losses remained consistent at -£35,000.

The company's long history and consistent import activity suggest a degree of stability, but the financial data reveals some pressures. Whether Stenco Products Ltd can continue to thrive in a competitive market remains to be seen, but its established presence and focus on specialized fabrics provide a solid foundation.

Registered in England/Wales under the registration number 01884922, with a registered address at N16 5NF, 17 St Andrews Grove, London.

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