Sterling Summit Ltd
- Small
- Active
- 2 years
- 1 employee
- Real address
- 1 director
- 1 owner
- E-commerce
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
Social media
Summary
Sterling Summit Ltd, based in Milton Keynes, UK, is a small, active company founded just two years ago. It’s a limited company with a real registered address and currently employs just one person, overseen by a single director and owner. The business operates an e-commerce site and is involved in a diverse range of activities, including retail trade of motor vehicle parts and accessories, wholesale of electronic and telecommunications equipment, and other service activities.
The company's website showcases a specialized focus on plant body manufacturing, particularly for trucks and mixers. It offers a wide range of products, from "Megaload" bodies for heavy machinery to "Combiload" options for access platforms, emphasizing precision engineering and customer support. Case studies highlight satisfied clients who praise the reliability and backup support provided by Sterling GP, the parent company. The site also features news updates, product stock availability, and flexible finance options.
Financially, Sterling Summit Ltd presents a mixed picture. While meeting the criteria for a small company (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), the company’s equity sits at a concerning -£2,600. Cash reserves are minimal at just £340, and trade creditors stand at £2,900. Loans from directors total £2,100. These numbers suggest the business is operating at a loss and relying on external funding. The accounts are described as "filleted" and unaudited, reflecting its small size and exemption from a full audit. Fortune UK Accountants Ltd prepared the accounts, but no auditor is specifically named.
Overall, Sterling Summit Ltd appears to be a small, specialized manufacturer navigating early-stage challenges. While its website demonstrates a clear product focus and customer testimonials, the negative equity and limited cash reserves indicate a need for careful financial management. It's possible the company is reinvesting heavily in growth, but the current figures raise questions about its long-term sustainability.
Registered in England/Wales under the registration number 14689268, with a registered address at MK5 8ET, England, Milton Keynes, 5 Homeward Court, Loughton.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Yang Zhiming
- 2 years
- psc
-
Resident of United Kingdom
Managers
-
Individual
- Yang Zhiming
- 2 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Total exemption full accounts made up to 2024-02-29Download 7 pages pdf report
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Confirmation statement made on 2024-05-30 with no updatesDownload 3 pages pdf report
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Confirmation statement made on 2023-05-30 with updatesDownload 4 pages pdf report
FAQ about Sterling Summit Ltd
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