Victory Star Ltd

Victory Star Ltd is a small, active company based in London, UK, established nineteen years ago in 2005. The company employs just two people and holds £375,268 in assets, operating from a real address in Greens End. With one director and one owner, it’s a relatively compact operation. The company specializes in a diverse range of activities, including acting as agents for various goods, wholesale of electronic and telecommunications equipment, retail sales via mail order and internet, and repair of communication equipment.

The company’s website showcases a wide selection of electronics, from smartphones and laptops to drones and audio equipment. It features a user-friendly interface, clear product descriptions, and competitive pricing, with a focus on free shipping for orders over £50. The site also highlights special offers and brand promotions, catering to a broad customer base seeking affordable electronics.

Financially, Victory Star Ltd presents a mixed picture. Cash bank on hand has dramatically increased by 37,000%, reaching £340,000, which is a significant boost. However, net assets liabilities have also risen by 720%, reaching £27,000. Creditors have surged by a staggering 480%, now standing at £350,000, while trade debtors have decreased by 14%, now at £21,000. 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 creditors suggests a reliance on borrowing. There’s no auditor mentioned, which is typical for small companies. The significant increase in cash, however, could indicate a recent influx of funds or a successful sales period, although the rise in creditors needs to be monitored.

Registered in England/Wales under the registration number 05614637, with a registered address at SE18 6HX, England, London, 11c Greens End.

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