Sterling Studios Limited

Sterling Studios Ltd, based in London, UK, is a small, active company founded 21 years ago. With 18 employees and £1,349,180 in assets, it’s a modest operation managed by three directors and two owners. The company has a real address and operates from a trading estate. It’s been importing glass and glassware irregularly for two months, while exporting regularly for eight months.

The company’s website is unavailable, making it difficult to ascertain its specific operations beyond the import/export activity. It appears to be a manufacturer of decorative finishes for interior design.

Financially, Sterling Studios Ltd shows a mixed picture. Current assets have increased by 40% to £1,300,000, while net assets have increased by 33% to £650,000. Bank borrowings have decreased by 31%, reaching £29,000, and cash reserves increased by 9.3% to £930,000. Trade debtors have increased significantly by 300%, reaching £410,000, which may indicate a shift in payment terms or increased sales on credit. Creditors have decreased by 9.5%, suggesting improved debt management. The company meets two of three conditions to be considered small (turnover less than £10.2 million, balance sheet less than £5.1 million, fewer than 50 employees). No auditor is mentioned, likely due to the company’s small size.

The sharp increase in trade debtors is something to keep an eye on. It could be a temporary blip or a sign of underlying issues with collections. Overall, Sterling Studios Ltd appears to be in a reasonably healthy position, but the increase in debtors warrants further investigation.

Registered in England/Wales under the registration number 04764764, with a registered address at NW10 7LU, London, Unit D Western Trading Estate, Trading Estate Road.

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