Sterling Products Limited in Melton Mowbray, LE13 1TT

Description

Data updated on: 01-11-2023

2000 is the date that marks the start of Sterling Products Limited, a firm which is situated at 26 Park Road, in Melton Mowbray. This means it's been 24 years Sterling Products has existed on the British market, as the company was established on 2000-02-14. Its Companies House Reg No. is 03924901 and the post code is LE13 1TT. The company's SIC code is 82990 which means Other business support service activities not elsewhere classified. The company's most recent financial reports describe the period up to 2022-05-31 and the most recent confirmation statement was released on 2023-09-12.

Having two job advertisements since 4th May 2016, the company has been a rather active employer on the labour market. On 23rd May 2016, it was employing candidates for a full time Thermoforming Toolmaker position in Bridgwater, and on 4th May 2016, for the vacant position of a full time Skilled CNC Milling Machinist in Bridgwater.

For this company, a variety of director's obligations have so far been done by Susan W. and Paul W.. Within the group of these two individuals, Susan W. has administered company for the longest time, having been a vital part of officers' team since 2004-04-07.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-03-31	2012-03-31	2013-03-31	2014-03-31	2015-03-31	2016-05-31	2017-05-31	2018-05-31	2019-05-31	2020-05-31	2021-05-31	2022-05-31	2023-05-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	49 703	48 888	45 776	44 400	65 621	94 205

Balance Sheet
Cash Bank In Hand	1 050	10 846	225	4 266	2 080	8 346
Cash Bank On Hand						8 346	2 158	3 404	5 256	82 901	45 446	29 167	39 220
Current Assets	179 639	199 576	226 763	213 596	261 135	284 709	274 594	244 039	234 951	319 243	320 291	338 928	323 550
Debtors	112 397	116 427	138 850	133 296	164 043	186 215	173 196	137 000	126 473	117 878	151 591	182 169	158 926
Intangible Fixed Assets	14 096	9 397	4 698
Net Assets Liabilities						94 205	72 690	33 678	70 520	92 398	95 178	128 947	136 076
Net Assets Liabilities Including Pension Asset Liability	49 703	48 888	45 776	44 400	65 621	94 205
Other Debtors											18 000	18 000	18 000
Property Plant Equipment						6 964	9 751	24 258	33 122	30 393	51 568	98 192
Stocks Inventory	66 192	72 303	87 688	76 034	95 012	90 148
Tangible Fixed Assets	2 597	1 948	1 461	1 179	3 498	6 964
Total Inventories						90 148	99 240	103 635	103 222	118 464	123 254	127 592	125 404

Capital & Reserves
Called Up Share Capital	578	578	578	578	578	578
Profit Loss Account Reserve	25 703	24 888	21 776	20 400	41 621	70 205
Shareholder Funds	49 703	48 888	45 776	44 400	65 621	94 205

Other Financial Data
Accrued Liabilities						2 172	2 502	2 509	2 676	2 641	3 006	3 795	4 480
Accumulated Amortisation Impairment Intangible Assets						18 795	18 795	18 795	18 795	18 795	18 795	18 795
Accumulated Depreciation Impairment Property Plant Equipment						8 025	10 195	17 470	27 215	27 296	42 386	74 229	79 231
Amounts Owed By Other Related Parties Other Than Directors						16 225
Amounts Owed To Directors						65 392	71 206	70 324	71 712	70 682	61 847
Average Number Employees During Period						8	8	10	7	9	8	8	9
Bank Borrowings Overdrafts						259		4 340	4 490	14 545	15 159	14 546	14 546
Corporation Tax Payable						7 120
Creditors						196 605	210 621	16 215	7 125	90 209	85 622	87 825	172 766
Creditors Due Within One Year	146 084	161 878	186 854	170 233	198 312	196 605
Disposals Decrease In Depreciation Impairment Property Plant Equipment									216	8 969	1 616		18 741
Disposals Property Plant Equipment									310	20 500	5 351	1 612	50 479
Finance Lease Liabilities Present Value Total								11 875	7 125	17 481	26 947	44 188	32 028
Fixed Assets	16 693	11 345	6 159	1 179	3 498	6 964	9 751	24 258	33 122	30 393	51 568	98 192	100 181
Increase From Depreciation Charge For Year Property Plant Equipment							2 170	7 275	9 961	9 050	16 706	31 843	23 743
Intangible Assets Gross Cost						18 795	18 795	18 795	18 795	18 795	18 795	18 795
Intangible Fixed Assets Aggregate Amortisation Impairment	4 699	9 398	14 097	18 795	18 795
Intangible Fixed Assets Amortisation Charged In Period		4 699	4 699	4 698
Intangible Fixed Assets Cost Or Valuation	18 795	18 795	18 795	18 795	18 795
Net Current Assets Liabilities	33 555	37 698	39 909	43 363	62 823	88 104	63 973	29 134	44 523	157 206	138 680	130 337	150 784
Number Shares Allotted		578	578	578	578	578
Number Shares Issued Fully Paid							578	578	578	578	578	578	578
Other Creditors						6 712	7 010	5 745	1 934	11 803	7 850	5 675	7 660
Other Taxation Social Security Payable						4 915	6 233	11 762	9 745	11 516	11 508	8 236	4 816
Par Value Share		1	1	1	1	1	1	1	1	1	1	1	1
Prepayments						5 020	5 100	5 894	5 931	5 462	19 315	18 376	17 646
Property Plant Equipment Gross Cost						14 989	19 946	41 728	60 337	57 689	93 954	172 421	179 412
Provisions For Liabilities Balance Sheet Subtotal						863	1 034	3 499		4 991	9 448	11 757	12 803
Provisions For Liabilities Charges	545	155	292	142	700	863
Share Capital Allotted Called Up Paid	578	578	578	578	578	578
Share Premium Account	23 422	23 422	23 422	23 422	23 422	23 422
Tangible Fixed Assets Additions				111	3 484	5 216
Tangible Fixed Assets Cost Or Valuation	6 829	6 829	6 829	6 940	10 424	14 989
Tangible Fixed Assets Depreciation	4 232	4 881	5 368	5 761	6 926	8 025
Tangible Fixed Assets Depreciation Charged In Period		649	487	393	1 165	1 689
Tangible Fixed Assets Depreciation Decrease Increase On Disposals						590
Tangible Fixed Assets Disposals						651
Total Additions Including From Business Combinations Property Plant Equipment							4 957	21 782	18 919	17 852	41 616	80 079	57 470
Total Assets Less Current Liabilities	50 248	49 043	46 068	44 542	66 321	95 068	73 724	53 392	77 645	187 598	190 248	228 529	250 965
Trade Creditors Trade Payables						110 035	123 670	108 009	95 121	49 737	65 288	64 584	51 409
Trade Debtors Trade Receivables						164 970	168 096	131 106	120 542	112 416	114 276	145 793	123 280
Loans From Government Other Public Authorities										7 273

Company staff

Susan W.

Role: Director

Appointed: 07 April 2004

Latest update: 21 March 2024

Susan W.

Role: Secretary

Appointed: 07 April 2004

Latest update: 21 March 2024

Paul W.

Role: Director

Appointed: 07 April 2004

Latest update: 21 March 2024