Streamz Global Limited

Streamz Global Ltd, hailing from Hailsham, UK, is a small, active company established fourteen years ago in 2010. Employing just four people, the business holds £16,325 in assets and operates from a virtual address – fifteen other companies share the same location, which is a bit odd. With three directors and two owners, Streamz Global focuses on importing and exporting toys, games, and sports equipment, though activity has been irregular, with just one month of import and export activity recorded in recent years.

The company’s core business, as revealed by its website, revolves around magnetic technology for wellbeing. StreamZ Global markets a range of products – horse bands, wristbands, collars – all incorporating magnetic technology aimed at joint care and recovery. The website emphasizes a unique "bioresonance rebalancing" approach and even highlights endorsements from eventing coaches and barrel racers. It's a niche market, to say the least, and the company seems to be targeting a premium customer base.

Financially, Streamz Global presents a mixed picture. Current assets have significantly decreased by 48%, dropping to £16,000, while net assets have plummeted 12%, reaching -£240,000. Bank borrowings have increased by a substantial 120%, climbing to £16,000, and cash reserves have risen by 17%, reaching £5,600. Trade debtors have fallen sharply, by 92%, suggesting improved collections, but creditors have increased by 9.1%, to £220,000. The company's small size (meeting two of three criteria for being small) allows it to remain nimble, but the significant drop in equity raises concerns about its long-term stability. As a small company, it's exempt from an audit, so the figures are unaudited.

The company's irregular import/export activity and the large increase in borrowings suggest it may be burning through cash, though the rise in cash reserves is a positive sign. It's clear that Streamz Global is a small, specialized business with a unique product offering, but its financial health warrants close monitoring.

Registered in England/Wales under the registration number 07342052, with a registered address at BN27 1DW, Hailsham, East Sussex, Watson Associates, 30-34 North Street.

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