Stotto 1 Limited

Stotto 1 Ltd from Leicester UK: a small holding company with an active status, was founded 19 years ago. It employs 12 people and holds assets of £988,668. The company has a real address, two directors, and one owner. It regularly imports nothing (32 months imported) and exports optical and medical tools and devices (7 months exported).

The company operates as a holding company, overseeing various ventures. While no website is available, its name suggests a connection to The Stotto Group Ltd, a larger entity. The company’s activities encompass the manufacture of electronic industrial process control equipment, development of building projects, construction of domestic buildings, and construction of commercial buildings.

Financially, Stotto 1 Ltd presents a mixed picture. Current assets have increased by 63%, reaching £990,000, while net assets have also increased by 10%, to £370,000. Bank borrowings have seen a significant rise, increasing by 160% to £26,000, and creditors have jumped 84%, reaching £560,000. Trade debtors have decreased slightly, falling by 4.1% to £190,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in borrowing and creditors suggests a need for careful financial management. No auditor is mentioned, which is likely due to its status as a small company. The company’s equity has increased by 10%, which is a good sign.

Registered in England/Wales under the registration number 05573836, with a registered address at LE4 3EH, Leicester, Leicestershire, 3 Meer End, Birstall Interchange.

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