Vikstar Limited

Vikstar Limited, based in Harrow Weald, UK, is a small, active company founded eleven years ago in May 2014. With a single employee and £230,050 in assets, it operates from a real address and is led by a solo founder who also serves as director and owner. The company holds a perfect 5.0 Google rating based on two reviews. It's an irregular importer, specializing in clothing and accessories made by knitting or crocheting, with just one month of import activity recorded as of March 2024.

The company's website, Vikstar Limited, focuses on freight services, offering global solutions via air, sea, road, rail, and courier. It provides customs clearance, warehousing, palletization, and transportation services, including final mile delivery and packaging. The site also highlights its commitment to BIFA standard trading terms and conditions. It's a bit confusing, but it seems they're primarily a freight forwarding service, with a focus on international shipping.

Financially, Vikstar Limited shows some concerning trends. Cash bank on hand dropped by 13% to £200,000, while current assets decreased by 9.3% to £230,000. Trade debtors increased by 26% to £28,000, suggesting potential payment delays. Equity also declined by 8.7% to £190,000. On the positive side, creditors decreased by 15% to £48,000, indicating improved debt management. 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 decline in equity warrants closer attention. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Vikstar Limited appears to be navigating a period of financial adjustment. While its freight services seem well-positioned, the company will need to address the recent decline in equity to ensure long-term stability.

Registered in England/Wales under the registration number 09048329, with a registered address at HA3 6UA, Harrow Weald, Middlesex, 41 Kynaston Wood.

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