Sterling Gp Limited

Sterling Gp Limited from Stokesley UK: a small company, holding company, active status, founded 11 years ago, employing 58 people, holding £5,528,711 in assets, with a real address, managed by three directors and four owners, and recognized as a family business, boasts a perfect 5.0 Google rating based on two reviews. It's an irregular importer of machinery, boilers, and mechanical appliances; parts, with just one month of imports recorded.

The company operates in the manufacture of trailers and semi-trailers, and its website showcases a range of plant bodies, mixers, and specialized vehicles. It’s clear they’re targeting a B2B market, offering bespoke solutions for moving heavy equipment. The site highlights their engineering precision and commitment to innovation, with case studies showcasing satisfied clients. They even have a blog with regular updates, buyer's guides, and industry insights. The website has a webshop, but it’s not immediately obvious if it’s a primary sales channel.

Financially, Sterling Gp Limited shows some interesting trends. Accumulated amortisation impairment intangible assets increased by 12%, while depreciation impairment property plant equipment rose significantly – 56% for leased assets and 34% for furniture fittings. However, cash reserves jumped a staggering 5,200%, reaching £690,000. Creditors also increased by 56%, suggesting a need for more working capital. The company’s small size, meeting two of three criteria for a small company, helps maintain agility, but the surge in bank borrowings—up 1% to £200,000—could indicate a need for additional funding. There's no mention of an auditor, likely due to the small company exemption.

Overall, Sterling Gp Limited appears to be a stable, family-run business with a specialized product offering. The substantial increase in cash reserves is a positive sign, but the rising debt levels warrant close monitoring.

Registered in England/Wales under the registration number 08582888, with a registered address at TS9 5PY, United Kingdom, Stokesley, North Yorkshire, Unit 7 Burdon Way, Stokesley Business Park.

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