Stimare Ltd

Stimare Ltd from London UK: a small, active company founded 14 years ago, employs seven people, and holds £972,365 in assets. Operating from a virtual address—where 405 other companies are registered—it’s managed by three directors and two owners. The company regularly imports and exports machinery, boilers, and mechanical appliances; parts, with 255 months of import activity and 340 months of export activity recorded. Its core business involves the wholesale of computers, computer peripheral equipment and software.

The company’s website is not available, so it’s difficult to determine if it operates an e-commerce platform or primarily engages in business-to-business wholesale. The lack of a website could suggest a more traditional sales approach, relying on direct contact and established relationships.

Financially, Stimare Ltd presents a mixed picture. Current assets have decreased by 20% to £970,000, while net assets have fallen by 43% to £140,000. Bank cash has increased by 45% to £310,000, which is good, but creditors have also decreased by 26%, which could mean the company is struggling to pay its bills. Debtors have fallen by 19%, which is a positive sign. The company’s small size—meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees—allows for flexibility, but the decline in equity is concerning. With no auditor mentioned, the figures are unaudited.

The company’s increased cash reserves suggest it may be managing its working capital effectively, or perhaps it has been able to secure better payment terms from its customers. The decrease in creditors could indicate a conscious effort to reduce short-term liabilities, but it could also be a sign of reduced supplier credit. The directors’ responsibilities under the Companies Act are acknowledged, and the company is entitled to exemption from audit under section 477 of the Companies Act 2006.

Registered in England/Wales under the registration number 07350491, with a registered address at W10 5BN, United Kingdom, London, C/O Hilton Consulting Studio 133, Canalot Studios, 222 Kensal Road.

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