Southgate & Sterling Ltd
- Small
- Active
- 11 years
- 5 employees
- Virtual address
- 1 director
- 1 owner
- Regular importer
- Solo founder
- Rating 4.0 (4)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Southgate & Sterling Ltd, based in Southampton, UK, is a small, active company founded 11 years ago. With six employees and £350,639 in assets, it operates from a virtual address—a detail worth noting as 39 companies share the same location. The business is run by a solo founder, with one director and one owner, and maintains a respectable Google rating of 4.0 based on four reviews. It’s a regular importer, specializing in miscellaneous manufactured goods, with its last import operation occurring in February 2025.
The company’s website, salessterlingbrushes.co.uk, showcases a diverse range of painting, decorating, and cleaning products, primarily targeting trade accounts. It appears to operate as a wholesale supplier, offering everything from paint brushes and rollers to specialist artist brushes and industrial wire brushes. The site highlights a commitment to quality, competitive pricing, and next-day delivery, and even mentions a history stretching back over 100 years. There's a clear focus on serving the trade, with an emphasis on long-term customer relationships and the ability to hold key lines in higher stock volumes.
Financially, Southgate & Sterling Ltd presents a mixed picture. While current assets increased by 5.8% to £350,000, net assets decreased by 34% to £50,000. Bank borrowings decreased by 9.6% to £36,000, but trade creditors decreased by 32%, suggesting a potential squeeze on working capital. The company’s small size—meeting two of three conditions for classification as a small company—allows for agility, but the decrease in equity raises questions. No auditor is mentioned, which is common for small companies exempt from an audit.
Overall, Southgate & Sterling Ltd seems to be navigating a challenging environment, balancing its wholesale operations with the pressures of a competitive market. The company’s long history and focus on customer service are strengths, but the financial data suggests a need for careful management to ensure continued success.
Registered in England/Wales under the registration number 08835012, with a registered address at SO50 9PD, Southampton, Hampshire, Fleming Court Leigh Road, Eastleigh.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 11 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Total exemption full accounts made up to 2025-03-31Download 7 pages pdf report
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Confirmation statement made on 2025-01-07 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2024-03-31Download 8 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Southgate & Sterling Ltd
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