Sterling Iti Ltd

Sterling Iti Ltd, based in Oldham, UK, is a small, holding company with an active status. Founded 38 years ago in 1986, it employs nine people and holds £504,244 in assets. The company has three directors and one owner, and operates from a real address shared by only one other business. It’s a regular importer and exporter of optical and medical tools and devices, with 112 months of import activity and 31 months of export activity recorded.

The company’s website, Sterling ITI, is currently under construction, with a message indicating a new website is launching soon. It invites visitors to sign up for email notifications and directs them to brand pages. The site advertises thermocouples, RTD sensors, thermistors, instrumentation, and temperature sensors, and mentions a partnership with a company powering the website. It also features a link to a store, suggesting a future e-commerce focus.

Financially, Sterling Iti Ltd presents a mixed picture. While current assets increased by 11% to £500,000, net assets rose by a substantial 34% to £270,000. However, cash bank on hand dropped significantly by 87%, leaving only £1,000. Trade debtors increased by 22%, suggesting a reliance on customer payments, and creditors decreased by 36%. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decrease in cash reserves is a concern. The company is exempt from an audit, so the financial data is unaudited. It's a bit strange that the company has such a large amount of debtors, but the cash is so low.

Registered in England/Wales under the registration number 02076612, with a registered address at OL8 4PQ, United Kingdom, Oldham, Greater Manchester, Unit 12 Hawksley Industrial Estate, Hawksley Street.

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