STC DISTRIBUTION LTD
Executive Summary
STC Distribution Ltd is a newly formed micro entity with negative net assets and a working capital shortfall at its first reporting date, indicating limited financial strength and liquidity. The company’s current financial position does not support approval for credit facilities without strong mitigating factors such as owner support or new capital. Close monitoring of cash flows, profitability, and equity improvement is essential before reconsidering credit exposure.
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Date | Description |
---|---|
07/11/247 November 2024 | Confirmation statement made on 2024-11-07 with no updates |
31/07/2431 July 2024 | Micro company accounts made up to 2023-11-30 |
30/11/2330 November 2023 | Annual accounts for year ending 30 Nov 2023 |
29/11/2329 November 2023 | Confirmation statement made on 2023-11-07 with no updates |
08/11/228 November 2022 | Incorporation |
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