Southgate & Sterling Ltd

  • Small
  • Active
  • 11 years
  • 5 employees
  • Virtual address
  • 1 director
  • 1 owner
  • Regular importer
  • Solo founder
  • Rating 4.0 (4)

Field of Operation

Wholesale of household goods (other than musical instruments) n.e.c.
46499 7498 companies

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

  • 9 years
  • 75%+

Managers

  • 11 years
Director

Last reports

Download the last financial report
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Last news

  1. Total exemption full accounts made up to 2025-03-31
  2. Confirmation statement made on 2025-01-07 with no updates
  3. Total exemption full accounts made up to 2024-03-31
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Importer profile by HS codes

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Last imported products

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