Sterling Mixers Ltd
- Small
- Holding
- Active
- 5 years
- 16 employees
- £1,743,694 (assets)
- Real address
- 3 directors
- 4 owners
- Regular importer
- Family business
- Rating 5.0 (2)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Sterling Mixers Ltd, based in Middlesbrough, UK, is a small, family-run holding company with an active status. Founded five years ago in 2019, it employs 16 people and holds assets totaling £1,743,694. The company operates from a real address within Stokesley Business Park and is overseen by three directors and four owners. It boasts a perfect 5.0 Google rating based on two reviews. Regular imports of machinery, boilers, and mechanical appliances—parts—have been recorded for 17 months, with the latest activity in February 2024.
The company’s website highlights its specialization in manufacturing plant bodies, beavertails, mixers, and trucks. It caters to various industries, including general plant equipment, excavators, and cranes, offering a range of products like Megaload, Easiload, and Supermix. The website also features case studies and customer testimonials, emphasizing reliability and customer support. It's clear the company is focused on providing robust and adaptable solutions for the transport of heavy equipment.
Financially, Sterling Mixers Ltd shows a mixed picture. Current assets increased by 52% to £1,700,000, while net assets decreased by 120% to -£610,000. Bank borrowings have surged, increasing by 2600%, reaching £260,000, and cash reserves have fallen by 3800%, sitting at just £74,000. Creditors have risen significantly, increasing by 170%, reaching £1,500,000. The company’s small size (meeting two of three conditions for being classified as small) allows for agility, but the substantial equity decline suggests it's burning through cash. No auditor is mentioned, meaning the financial statements are unaudited.
Overall, Sterling Mixers Ltd appears to be navigating a challenging period. While its products and customer service receive high praise, the financial data indicates a need for careful management and a focus on improving profitability. The family-run nature of the business and its commitment to quality could be key to its long-term success, but the current financial pressures need to be addressed.
Registered in England/Wales under the registration number 12336086, with a registered address at TS9 5PY, United Kingdom, Middlesbrough, Unit 7 Burdon Way, Stokesley Business Park, Stokesley.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 5 years
- 75%+
-
Resident of United Kingdom
-
Individual
- 5 years
- 2
- psc
-
Resident of United Kingdom
-
Individual
- 5 years
- 2
- psc
-
Resident of United Kingdom
-
Individual
- 5 years
- 2
- psc
-
Resident of United Kingdom
Managers
-
Individual
- 5 years
- 3
-
Resident of United Kingdom
-
Individual
- 5 years
- 1
-
Resident of United Kingdom
-
Individual
- 5 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
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Confirmation statement made on 2024-11-26 with updatesDownload 5 pages pdf report
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Total exemption full accounts made up to 2023-12-31Download 12 pages pdf report
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Confirmation statement made on 2023-11-26 with updatesDownload 5 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Sterling Mixers Ltd
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