Sterling Power Group Limited in Manchester, M2 4WU

Description

Data updated on: 15-11-2021

Sterling Power Group started conducting its business in 2005 as a Private Limited Company under the following Company Registration No.: 05328229. This company's head office was located in Manchester at Ship Canal House 8th Floor. This particular Sterling Power Group Limited company had been in this business field for at least 16 years.

As for the following company, a number of director's obligations have so far been met by Mathew J., Adam J. and Glyn J.. Out of these three managers, Glyn J. had administered the company for the longest time, having become a vital addition to officers' team on 2006-01-25.

The companies with significant control over this firm included: Sterling Power Group Holdings Ltd owned over 3/4 of company shares. This business could have been reached in Halesowen at Belfont Trading Estate, Mucklow Hill, B62 8DR and was registered as a PSC under the reg no 5471871.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-03-31	2016-03-31
Currency

Balance Sheet
Cash Bank On Hand	129	459
Debtors	34 351	12 789
Net Assets Liabilities	59 715	50 838
Other Debtors	33 761	80 253
Property Plant Equipment	927 895	889 459

Other Financial Data
Audit Fees Expenses	3 500	3 500
Accrued Liabilities Deferred Income	118 646	46 903
Accumulated Depreciation Impairment Property Plant Equipment	649 909	686 966
Additions Other Than Through Business Combinations Property Plant Equipment		17 099
Administration Support Average Number Employees	18	20
Administrative Expenses	21 291	118 578
Amounts Owed By Group Undertakings	979 438	850 000
Amounts Owed To Group Undertakings	1 511 263	1 250 085
Balances Amounts Owed To Related Parties	179 100	165 451
Bank Borrowings Overdrafts	166 500	151 651
Bank Overdrafts	136 932	239 160
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment	30 534	12 789
Cost Sales	9 940	5 581
Creditors	178 371	153 835
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period	-46	48
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences	-2 095	3 351
Depreciation Expense Property Plant Equipment	57 330	43 209
Exceptional Amounts Written Off Current Assets		35 871
Expenses Recognised For Doubtful Debts Owed By Related Parties		1 727 583
Finance Lease Liabilities Present Value Total	11 871	2 184
Finance Lease Payments Owing Minimum Gross	33 655	8 019
Financial Commitments Other Than Capital Commitments	3 974	7 008
Financial Guarantee Contracts	546 177	675 019
Further Item Tax Increase Decrease Component Adjusting Items	1 654	-7 174
Gain Loss On Disposals Property Plant Equipment	892	5 243
Gross Profit Loss	15 810	107 582
Impairment Loss Reversal On Investments		-35 871
Increase From Depreciation Charge For Year Property Plant Equipment		55 535
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings	17 017	23 347
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts	7 691	2 642
Interest Payable Similar Charges Finance Costs	34 816	30 534
Investments Fixed Assets	51 083	51 083
Investments In Group Undertakings	51 083	51 083
Issue Equity Instruments	649 998
Loans From Directors	166 500	151 651
Net Current Assets Liabilities	738 613	730 239
Operating Profit Loss	-5 286	-10 863
Other Creditors	14 526	18 606
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		18 478
Other Disposals Property Plant Equipment		18 478
Other Interest Expense	10 108	4 545
Other Operating Income Format1	195	133
Other Remaining Borrowings	166 500	151 651
Other Taxation Social Security Payable	10 994	11 320
Par Value Share		1
Payments To Related Parties	36 000	30 000
Pension Other Post-employment Benefit Costs Other Pension Costs	10 842	21 373
Percentage Class Share Held In Subsidiary		100
Prepayments Accrued Income	131 373	320 901
Profit Loss	-38 007	-8 877
Profit Loss On Ordinary Activities Before Tax	-40 102	-5 526
Property Plant Equipment Gross Cost	1 577 804	1 576 425
Provisions For Liabilities Balance Sheet Subtotal	2 279	5 630
Revenue From Rendering Services	25 750	113 163
Social Security Costs	30 527	35 941
Staff Costs Employee Benefits Expense	646 565	677 128
Taxation Including Deferred Taxation Balance Sheet Subtotal	2 279	5 630
Tax Expense Credit Applicable Tax Rate	8 020	1 105
Tax Increase Decrease From Effect Capital Allowances Depreciation	4 162	4 162
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	155	412
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward		5 500
Tax Tax Credit On Profit Or Loss On Ordinary Activities	-2 095	3 351
Total Assets Less Current Liabilities	240 365	210 303
Total Operating Lease Payments	58 733	55 216
Trade Creditors Trade Payables	79 030	413 423
Trade Debtors Trade Receivables	9 861	3 480
Turnover Revenue	25 750	113 163
Wages Salaries	605 196	619 814
Company Contributions To Defined Benefit Plans Directors	4 000	7 346
Director Remuneration	128 558	122 147