Stormont Commercial Limited

Stormont Commercial Limited is a small, active company based in London, UK, founded eighteen years ago in 2007. It employs seven people and holds £108,189 in assets, operating from a real registered address. With three directors and two owners, the company is a regular importer of clothing and accessories – not knitted or crocheted – with eight months of import activity recorded, the last in March 2023. The company operates in the retail sale of clothing in specialised stores industries.

The company’s website is currently unavailable, making it difficult to ascertain if it operates an e-commerce platform or relies solely on wholesale channels. This lack of online presence could be a strategic choice, focusing on business-to-business relationships, or it could indicate a need for modernization.

Financially, Stormont Commercial Limited presents a mixed picture. Cash bank on hand increased by a substantial 45% to £96,000, a positive sign of improved liquidity. However, creditors decreased by 31% to £38,000, and net assets increased by 77% to £60,000. Trade debtors increased by 6.6% to £2,100, which could be a sign of slower payments from customers. 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 it to remain nimble, but the changes in debt management are worth noting. The accounts are unaudited, as is common for small companies, and there is no auditor mentioned.

Overall, Stormont Commercial Limited appears to be holding its own, with improvements in cash flow. However, the changes in creditor and debtor levels warrant further observation to ensure sustainable financial health.

Registered in England/Wales under the registration number 06186212, with a registered address at SW11 3LY, United Kingdom, London, 27 Battersea Church Road, Battersea.

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