Sterling Ventures (uk) Ltd

Sterling Ventures (uk) Ltd, based in Birmingham, UK, is a small, holding company with an active status. Founded fourteen years ago in 2010, the company employs nineteen people and holds assets of £2,832,350. It operates from a real address and is overseen by two directors and three owners, reflecting a family business structure. The company also runs an e-commerce site and boasts a Google rating of 4.0 based on eighteen reviews. Sterling Ventures regularly imports plastics and plastic products, with a history of 179 months of import activity, the latest being February 2025. It operates within the wholesale of household goods (other than musical instruments) n.e.c. industries.

While the company’s online presence suggests a focus on e-commerce, there's no website to analyze, making it difficult to assess its current online strategy.

Financially, Sterling Ventures presents a mixed picture. Current assets have increased by 20% to £2,800,000, but cash bank on hand has decreased by 39% to £62,000. Bank borrowings have increased significantly, rising by 20% to £1,100,000, while trade debtors have seen a substantial increase of 39% to £1,200,000. Creditors have also risen by 23% to £1,800,000. The company's small size—meeting two of three conditions for a small company—helps maintain agility, but the increase in bank borrowings and trade debtors could indicate a need for careful cash flow management. The decrease in cash reserves is something to keep an eye on. With no auditor mentioned, the financial statements are unaudited, so the figures should be viewed with a degree of caution. It's likely the company is burning through money, but it's not clear if this is a temporary situation or a more long-term challenge.

Registered in England/Wales under the registration number 07386401, with a registered address at B7 5AF, United Kingdom, Birmingham, West Midlands, Unit 1-3 St. Clements Road, Nechells.

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