Stream Republic Ltd

Stream Republic Ltd is a small, active company based in Nottingham, UK, founded nine years ago in June 2015. It holds £360,966 in assets and operates from a virtual address – twelve other companies are registered at the same location, which is a bit unusual. The company is run by two directors and one owner, Vargas-racero David, and employs no staff. Stream Republic Ltd is a regular importer, primarily of textile products, sets, used clothing, and rags, with its last import operation recorded four months ago. It also operates in the business and domestic software development industries.

The company's website is not available, so it’s hard to determine if it operates an e-commerce site. However, its import activities suggest a wholesale or distribution model rather than direct retail.

Financially, Stream Republic Ltd shows some concerning trends. Current assets have fallen by 9.2% to £360,000, and net assets have dropped by 17% to £130,000. Bank borrowings have decreased by 25% to £22,000, and cash reserves have remained relatively stable at £290,000. Trade debtors have fallen by 32%, which is a positive sign, but creditors have also decreased by 25%. 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 decline in equity warrants further investigation. There is no auditor mentioned, likely due to the company's small size and exemption from an audit. The accounts are unaudited, so the figures rely on director-reported data.

Overall, Stream Republic Ltd appears to be facing some financial headwinds, although its core import business seems to be continuing. Whether it can maintain its current trajectory remains to be seen.

Registered in England/Wales under the registration number 09650023, with a registered address at N1 7GU, England, London, 20 Wenlock Road.

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