Stelling Properties Limited

Stelling Properties Ltd, based in Winchester, UK, is a small holding company with an active status, established fifteen years ago. Employing twenty-three people and holding assets valued at £5,799,898, it operates from a virtual address—a detail flagged by ten companies registered at the same location. The company is led by two directors and has one owner, though the owner list may not be exhaustive. It imports machinery, boilers, and mechanical appliances, and exports furniture, lighting, and prefabricated buildings, with activity recorded over the past year.

The company’s website showcases a focus on modular construction, positioning Stelling Properties as a leading developer and offsite manufacturer. It delivers solutions across various sectors, including student accommodation, temporary housing, residential properties, hotels, aparthotels, and later living communities. The site highlights a collaborative approach, working with contractors, developers, and property asset management companies to maximize value throughout the development cycle. Recent news includes announcements of large-scale modular student developments and awards for regeneration projects.

Financially, Stelling Properties Ltd exhibits some concerning trends. While cash reserves increased by a substantial 150% to £230,000, net assets only grew modestly by 4.8% to £610,000. Trade creditors surged by 550% to £5,200,000, and bank borrowings increased significantly. Although debtors decreased, the substantial rise in creditors suggests potential cash flow pressures. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in debt warrants close attention. The company’s accounts are unaudited, and no auditor is mentioned. The increase in average employees reported during the period by 17% to 27 also suggests a growing need for cash.

Registered in England/Wales under the registration number 07080165, with a registered address at SO21 3AN, England, Winchester, Coxford Farm Depot Overton Road, Micheldever Station.

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