Sterling Filtration Ltd

Sterling Filtration Ltd, based in Middlesbrough, UK, is a small, active company founded three years ago. With just two employees and £4,757 in assets, it’s a family business operating from a virtual address – a detail flagged by sixty-five other companies registered at the same location. The company is run by two directors and two owners, Booth Melanie and Booth Nigel William.

Sterling Filtration Ltd primarily imports machinery, boilers, and mechanical appliances, parts, regularly – with 79 months of import activity recorded, the last in October 2023. Export activity is less frequent, with just one month of exports noted, occurring in July 2022. The company operates within the “other engineering activities” industry.

Financially, Sterling Filtration Ltd shows some interesting trends. Cash bank on hand has seen a dramatic increase, jumping 4,600% to £4,700 – a welcome boost. However, net current assets have plummeted to a negative £13,000, a significant shift. Trade debtors remain steady at £100, while creditors have also held firm at £18,000. The company’s small size – meeting two of three criteria for a small company – helps it stay nimble. The lack of an auditor mentioned suggests it’s exempt from an audit as a small company.

The sharp decline in net current assets could be due to increased investment in inventory or delayed customer payments. It's possible the company is experiencing growing pains as it expands its import operations, although the irregular export activity suggests a focus on inbound trade.

Registered in England/Wales under the registration number 13868134, with a registered address at TS5 6HA, United Kingdom, Middlesbrough, 384 Linthorpe Road.

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