Vocal Star Limited

Vocal Star Ltd from Poole UK: a small, active company founded 16 years ago, employs eight people, and holds £714,752 in assets. With a real address and three directors, it's a well-established operation. The company runs an e-commerce site and enjoys a 4.0 Google rating from 22 reviews. It’s a regular importer and exporter of electrical machinery and equipment, with 64 months of import activity and 13 months of export activity.

The company's website, Vocal Star Karaoke, is a number one karaoke store. It sells a wide range of karaoke machines, CDs, and accessories, catering to all ages and budgets. The site also features news articles about popular karaoke songs and music trends. It’s clear they're targeting both home users and professional venues. They even offer silent disco hire.

Financially, Vocal Star Ltd shows some concerning trends. Current assets have decreased by 22%, dropping to £710,000. Net assets have plummeted by a staggering 99%, leaving just £870. Bank borrowings have also decreased by 25%, and cash reserves have fallen 47% to £200,000. However, trade creditors have decreased by 25%, suggesting improved debt management. The company's small size (meeting two of three criteria for a small company) helps it remain flexible. It’s worth noting that the company's equity has been significantly impacted, and the figures are unaudited.

The company’s depreciation on plant and machinery has increased by 9.7% and vehicles by 9.6%, which could indicate investment in equipment. However, bank overdrafts have decreased by 5%, and the company’s average number of employees has increased by 12%, which could be a sign of growth. Overall, Vocal Star Ltd seems to be facing some financial challenges, but it’s also showing signs of potential growth.

Registered in England/Wales under the registration number 06701620, with a registered address at BH17 0UJ, England, Poole, Unit 10 2 Chantry Park, Cowley Road, Nuffield Industrial Estate.

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