Steorra Ltd

Steorra Ltd, based in Huntingdon, UK, is a small, active company founded nineteen years ago in 2006. With a single employee and £82,901 in assets, it operates from a virtual address shared by forty-one other companies—a bit unusual. The company is led by a solo founder, who also serves as director and owner. It runs an e-commerce site and engages in irregular import and export activities.

The company imports optical and medical tools and devices, with one month of import activity recorded as of November 2024. It also exports furniture, lighting, and prefabricated buildings, with two months of export activity as of September 2023. It seems like they’re trying to diversify their revenue streams.

Financially, Steorra Ltd shows a mixed picture. Current assets increased by 8.7% to £83,000, while net assets grew by 3.4% to £84,000. However, trade debtors decreased by 32%, suggesting a potential issue with collecting payments. Cash reserves increased significantly by 320% to £17,000. 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 decrease in debtors could be a cause for concern. As a small company, it's exempt from an audit, so the figures are unaudited. The company's website, Steorra Jewels, focuses on imitation jewelry, with a "Spin Win!" promotion and discounts—a clear effort to drive sales. They offer free shipping on orders over £599, which is a good incentive.

Registered in England/Wales under the registration number 05778669, with a registered address at PE26 1BS, Huntingdon, Cambridgeshire, 88 High Street, Ramsey.

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