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Sterling Cotton Limited

10115296

active
ltd
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

7 The Heights, Carline Road, Lincoln, LN1 1JP
Incorporated 10/04/2016

Compliance

Last accounts

31/03/2025

unaudited abridged

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 17/03/2026

Due 31/03/2027

On track

Industry

46410
Wholesale of textiles

Officers

Mr David Guy Llewellin Wookey

director · Since 10/04/2016

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 4 other boards

David Guy Llewellin Wookey

director · Since 10/04/2016

British · England · Age 55

Former

Sally Wookey

secretary · Resigned 07/04/2021

Persons with Significant Control

Mr David Guy Llewellin Wookey

25–50% shares
25–50% votes
Appoint directors

British · England · Age 55

7, The Heights, Lincoln, LN1 1JP

Notified 10/04/2016

Former PSCs

Mrs Sally Ann Wookey

Ceased 15/03/2023

Charges3 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 21/04/2021Registered 26/04/2021
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 17/08/2019Registered 27/08/2019
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 13/03/2018Registered 14/03/2018

Change History

statusactive
2026-06-12

Active

typeltd
2026-06-12

Private Limited Company

address line17 The Heights
2026-06-12

7 THE HEIGHTS

post townLincoln
2026-06-12

LINCOLN

officer appointedWOOKEY, David Guy Llewellin
2026-06-12

CompanyRankvs 716+ SIC 46410 peers
61

Financial strength94th percentile among SIC peers · 24/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.95× · 16/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees6/15 pts

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

Liquidity16/20 pts

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

Longevity10/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£1.1M

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

£838k

Working capital

Current Assets

£1.7M

Current Liabilities

£881k

Fixed Assets

£269k

Debtors

£1.7M

Profit After Tax

-£58k

1avg. employees

Tax at Year End

Dividends paid£88k

Balance Sheet

Bank loans & overdrafts£320k
Assets less current liabilities£1.1M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.95-£146k
20241.41+£250k
20231.33+£670k
20221.06+£55k
20211.01

Derived from filed accounts. Not audited figures.