Sterzeal Hats Limited

Sterzeal Hats Ltd from Peterborough, UK, is a small, active company founded four years ago. Employing just two people, it holds £14,010 in assets and operates from a real address. The company is led by a single director and owner, who is also the solo founder. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

Sterzeal Hats Ltd specializes in dog stoppers – innovative barriers designed to control space within homes. Their website, DogStopper.co, showcases a range of customizable stoppers for stairs, doorways, hallways, and even bespoke designs. The company emphasizes lightweight, paintable designs and offers free tracked shipping on all orders. They also offer custom designs and even have a workshop where customers can collect their orders. The site highlights a 4.15-star average rating and a 33-day moneyback guarantee, reassuring customers. They use Evri for standard delivery and DHL for next-day options.

Financially, Sterzeal Hats Ltd presents a mixed picture. While current assets increased by a substantial 120% to £14,000, net assets plunged dramatically by 520% to -£3,400. This significant equity drop is concerning. Cash bank on hand remained stable at £3,000, but trade debtors soared by 800% to £8,000, suggesting potential issues with customer payments. Creditors also increased by 190% to £13,000, and other creditors rose 290% to £6,700. The company’s property plant equipment decreased by 18% to £460. The lack of employees (two reported) keeps overhead low, but the negative equity is a red flag. As a small company, it’s exempt from a full audit, so the figures are unaudited.

Overall, Sterzeal Hats Ltd seems to be a small business with a niche product, but the negative equity suggests it’s burning through money faster than it’s earning it. It’s a situation that needs careful management to ensure long-term viability.

Registered in England/Wales under the registration number 13249070, with a registered address at PE4 5BH, England, Peterborough, 72 Papyrus Road.

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