sterling lifting services ltd
sterling lifting services ltd Company Information
Company Number
12952207
Website
-Registered Address
unit 29 highcroft industrial est, enterprise road, waterlooville, PO8 0BT
Industry
Specialised construction activities (other than scaffold erection) n.e.c.
Telephone
-
Next Accounts Due
July 2025
Group Structure
View All
Shareholders
wayne russell wilson 50%
paul james slattery 50%
sterling lifting services ltd Estimated Valuation
Pomanda estimates the enterprise value of STERLING LIFTING SERVICES LTD at £243.5k based on a Turnover of £727.1k and 0.33x industry multiple (adjusted for size and gross margin).
sterling lifting services ltd Estimated Valuation
Pomanda estimates the enterprise value of STERLING LIFTING SERVICES LTD at £122.9k based on an EBITDA of £39k and a 3.15x industry multiple (adjusted for size and gross margin).
sterling lifting services ltd Estimated Valuation
Pomanda estimates the enterprise value of STERLING LIFTING SERVICES LTD at £12.1k based on Net Assets of £29.3k and 0.41x industry multiple (adjusted for liquidity).
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Sterling Lifting Services Ltd Overview
Sterling Lifting Services Ltd is a live company located in waterlooville, PO8 0BT with a Companies House number of 12952207. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in October 2020, it's largest shareholder is wayne russell wilson with a 50% stake. Sterling Lifting Services Ltd is a startup, small sized company, Pomanda has estimated its turnover at £727.1k with unknown growth in recent years.
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Sterling Lifting Services Ltd Health Check
Pomanda's financial health check has awarded Sterling Lifting Services Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £727.1k, make it smaller than the average company (£6.5m)
- Sterling Lifting Services Ltd
£6.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Sterling Lifting Services Ltd
- - Industry AVG
Production
with a gross margin of 13.7%, this company has a higher cost of product (23.1%)
- Sterling Lifting Services Ltd
23.1% - Industry AVG
Profitability
an operating margin of 5.4% make it as profitable than the average company (5.7%)
- Sterling Lifting Services Ltd
5.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (32)
- Sterling Lifting Services Ltd
32 - Industry AVG
Pay Structure
on an average salary of £46.6k, the company has an equivalent pay structure (£46.6k)
- Sterling Lifting Services Ltd
£46.6k - Industry AVG
Efficiency
resulting in sales per employee of £363.5k, this is more efficient (£187.1k)
- Sterling Lifting Services Ltd
£187.1k - Industry AVG
Debtor Days
it gets paid by customers after 87 days, this is later than average (57 days)
- Sterling Lifting Services Ltd
57 days - Industry AVG
Creditor Days
its suppliers are paid after 84 days, this is slower than average (38 days)
- Sterling Lifting Services Ltd
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Sterling Lifting Services Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Sterling Lifting Services Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 83.2%, this is a higher level of debt than the average (61.5%)
83.2% - Sterling Lifting Services Ltd
61.5% - Industry AVG
STERLING LIFTING SERVICES LTD financials
Sterling Lifting Services Ltd's latest turnover from October 2023 is estimated at £727.1 thousand and the company has net assets of £29.3 thousand. According to their latest financial statements, we estimate that Sterling Lifting Services Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | |
|---|---|---|---|
| Turnover | |||
| Other Income Or Grants | |||
| Cost Of Sales | |||
| Gross Profit | |||
| Admin Expenses | |||
| Operating Profit | |||
| Interest Payable | |||
| Interest Receivable | |||
| Pre-Tax Profit | |||
| Tax | |||
| Profit After Tax | |||
| Dividends Paid | |||
| Retained Profit | |||
| Employee Costs | |||
| Number Of Employees | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | |
|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 174,088 | 111,765 | 79,107 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 174,088 | 111,765 | 79,107 |
| total assets | 174,088 | 111,765 | 79,107 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 144,773 | 110,100 | 63,908 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 |
| total current liabilities | 144,773 | 110,100 | 63,908 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 1,565 | 3,040 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 1,565 | 3,040 |
| total liabilities | 144,773 | 111,665 | 66,948 |
| net assets | 29,315 | 100 | 12,159 |
| total shareholders funds | 29,315 | 100 | 12,159 |
| Oct 2023 | Oct 2022 | Oct 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 62,323 | 32,658 | 79,107 |
| Creditors | 34,673 | 46,192 | 63,908 |
| Accruals and Deferred Income | -1,565 | -1,475 | 3,040 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 |
sterling lifting services ltd Credit Report and Business Information
Sterling Lifting Services Ltd Competitor Analysis
Perform a competitor analysis for sterling lifting services ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in PO8 area or any other competitors across 12 key performance metrics.
sterling lifting services ltd Ownership
STERLING LIFTING SERVICES LTD group structure
Sterling Lifting Services Ltd has no subsidiary companies.
Ultimate parent company
STERLING LIFTING SERVICES LTD
12952207
sterling lifting services ltd directors
Sterling Lifting Services Ltd currently has 2 directors. The longest serving directors include Mr Paul Slattery (Oct 2020) and Mr Wayne Wilson (Apr 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Slattery | England | 45 years | Oct 2020 | - | Director |
| Mr Wayne Wilson | England | 47 years | Apr 2021 | - | Director |
P&L
October 2023turnover
727.1k
+51%
operating profit
39k
0%
gross margin
13.8%
+1.77%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
29.3k
+292.15%
total assets
174.1k
+0.56%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
sterling lifting services ltd company details
company number
12952207
Type
Private limited with Share Capital
industry
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
incorporation date
October 2020
age
4
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
October 2023
address
unit 29 highcroft industrial est, enterprise road, waterlooville, PO8 0BT
accountant
-
auditor
-
sterling lifting services ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to sterling lifting services ltd.
sterling lifting services ltd Companies House Filings - See Documents
| date | description | view/download |
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