Back to search

Sterling Solution Ltd

06567710

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

37 YORK ROAD, ILFORD, IG1 3AD
Incorporated 16/04/2008

Compliance

Last accounts

31/03/2024

total exemption full

Next accounts due

27/06/2026

On track

Confirmation statement

Last: 11/10/2025

Due 25/10/2026

On track

Industry

69201
Accounting and auditing activities
69202
Bookkeeping activities
69203
Tax consultancy

Officers

Mr Tahir Mahmood

director · Since 16/04/2008

ACCOUNTANT

BRITISH · ENGLAND · Age 66

Also on 12 other boards

Mr Amjad Ali Malik

director · Since 16/04/2008

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 61

Also on 6 other boards

Persons with Significant Control

Mr Tahir Mahmood

25–50% shares

British · England · Age 66

37, York Road, Ilford, IG1 3AD

Notified 15/10/2016

CompanyRankvs 1093+ SIC 69201 peers
85

Financial strength83th percentile among SIC peers · 21/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.66× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength21/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees14/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2024

Net Worth

£67k

Balance sheet strength

Cash

£33k

Cash in the bank

Net Current Assets

£91k

Working capital

Current Assets

£116k

Current Liabilities

£25k

Fixed Assets

£2k

Debtors

£63k

8avg. employees-1

Tax at Year End

Corp tax£4k

Balance Sheet

Assets less current liabilities£93k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20244.66+£14k
20233.89+£12k
20224.20+£11k
20212.74
20201.59
20191.46
20181.14

Derived from filed accounts. Not audited figures.