Sterimax Global Limited

Sterimax Global Ltd, based in Coalville, UK, is a small holding company with an active status, founded just three years ago in December 2021. Employing six people and holding £794,858 in assets, it operates from a real address and is managed by one director and owner. The company boasts a stellar 5.0 Google rating from ten reviews and regularly imports clothing and accessories—not knitted or crocheted—with 8 months of import activity recorded as of February 1, 2025.

The company’s website suggests a focus on wholesale pharmaceutical goods, operating within a niche market. While details on the website are limited, it highlights a B2B model catering to the pharmaceutical sector. The site’s professional design and clear contact information point to a company aiming to establish credibility and build relationships with industry partners.

Financially, Sterimax Global Ltd presents a mixed picture. While net assets increased by 49% to £120,000, cash reserves took a significant hit, plummeting 94% to just £4,200. Bank borrowings jumped considerably, rising by an impressive 5,400% to £50,000—a substantial increase that could indicate investment or operational expansion. Trade creditors also rose by 110%, reaching £100,000, suggesting a reliance on credit from suppliers. 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 sharp decline in cash reserves warrants attention. The accounts are unaudited, and the auditor, UHY Hacker Young, hasn't been mentioned on the website.

Overall, Sterimax Global Ltd appears to be navigating a period of change. While the company’s core business—wholesale pharmaceutical goods—remains a solid foundation, the financial data suggests a need to carefully manage cash flow and potentially explore alternative funding options. The increase in bank borrowings and rising trade creditors could indicate a period of rapid growth, but also a risk of financial strain if not managed effectively.

Registered in England/Wales under the registration number 13813668, with a registered address at LE67 4NA, United Kingdom, Coalville, Jubilee House Whitwick Business Park, Stenson Road.

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