Youthstar (w) Ltd

Youthstar (w) Ltd, based in Bury, UK, is a small, family-run business with an active status. Founded eighteen years ago in 2006, the company employs eight people and holds £924,694 in assets. It operates from a business park and has two directors and two owners. The business is a regular importer of textile padding, felt, and nonwoven fabrics, special yarns, ropes, and cables, with five months of import activity recorded. It also exports paper and paperboard products, with five months of export activity.

The company’s website reveals a wholesale distributor of a wide range of products, including smoking requisites, batteries, toiletries, electricals, medicines, and household goods. It caters to both retail and commercial customers, offering a vast catalog online. The site emphasizes competitive pricing and a wide selection, suggesting a focus on volume sales. There's a clear e-commerce presence, with a robust product catalog and search functionality.

Financially, Youthstar (w) Ltd shows some concerning trends. Current assets decreased by 0.57% to £920,000, while net assets fell 6.3% to £510,000. Bank borrowings increased by 12% to £28,000, and cash reserves dropped 37% to £82,000. Creditors remained relatively stable, though a significant increase in trade debtors (32%) suggests potential issues with customer payments. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no auditor mentioned, so the financial statements are unaudited.

Overall, Youthstar (w) Ltd appears to be facing some financial pressures despite its established presence and diverse product range. The company’s ability to manage its debtors and maintain cash flow will be crucial for its continued success.

Registered in England/Wales under the registration number 05951617, with a registered address at BL9 0FU, United Kingdom, Bury, Unit 1 Block D Chamberhall Business Park, Harvard Road.

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