World Star London Ltd

World Star London Ltd is a small, active company based in London, UK, founded four years ago in December 2020. It operates with a solo founder, one director, and a single employee, holding just £1,981 in assets. The company's registered address is a virtual one, shared by 259 other businesses, which raises some questions.

World Star London Ltd is involved in a diverse range of activities, including wholesale of textiles, retail sales via mail order and internet, general cleaning of buildings, and other cleaning services. Its website, while not detailed, suggests an e-commerce focus, but lacks specifics about its product offerings or target market. It’s difficult to tell exactly what they’re selling online.

Financially, World Star London Ltd’s recent accounts paint a concerning picture. Cash bank on hand has fallen dramatically, dropping 79% to just £1,900. Current assets have also plummeted 78%, to £2,000. Creditors have doubled, reaching £12,000, and retained earnings have sunk to a negative £3,200. It's a big drop. Debtors are also down significantly, at just £11. These numbers suggest the company is burning through cash and struggling to manage its short-term liabilities. The company is classified as small, meeting two of three criteria (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees). As a small company, it's exempt from an audit, so the accounts are unaudited.

Cangir Adem is both the director and owner of World Star London Ltd. The company's financial struggles, combined with the virtual address and limited resources, suggest it's facing challenges. Whether it can overcome these difficulties and achieve sustainable growth remains to be seen.

Registered in England/Wales under the registration number 13089280, with a registered address at N15 5EA, England, London, C/O Dirench & Co 151 West Green Road, Seven Sisters.

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