Winstar Design Limited

Winstar Design Limited is a small, active company based in London, UK, founded two years ago in October 2022. It’s a solo-founder operation with one director and employee, holding £23,051 in assets and operating from a virtual address shared by over 90,000 other companies. The company specializes in wholesale and retail clothing, design activities, and export services, catering to businesses looking to bring their fashion ideas to life.

The company’s website, Winstar Design, highlights its garment design, product sampling, bulk production, and quality control export services. It assists clients in realizing their ideas and sharing them with the world. The site also mentions a "WINSTAR DESIGN LIMITED INFO" section, and a proud creation with Wix.com, which suggests a focus on online presence and potentially a reliance on third-party platforms. The website’s emphasis on garment design and production hints at an e-commerce operation, though there's no direct online store visible. Instead, it functions as a service provider, connecting clients with manufacturing and export capabilities.

Financially, Winstar Design Limited’s report paints a picture of a company struggling to gain traction. While the company is small, meeting two of three criteria for a small company, its equity sits at a negative £3,100, indicating accumulated losses. Cash reserves are stable at £2,600, but creditors have remained steady at £26,000, suggesting a reliance on borrowed funds. Trade debtors are low at just £420, and inventories are high at £20,000. The lack of growth in current assets, combined with negative equity, suggests the company is burning through cash, though it’s not necessarily in crisis. The report also notes that the company is exempt from an audit, relying on unaudited accounts. The director, Heim Louise, is also the sole officer and accountant.

Registered in England/Wales under the registration number 14428768, with a registered address at WC2H 9JQ, United Kingdom, London, 71-75 Shelton Street, Covent Garden.

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