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Sterling Summit Ltd

14689268

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

5 HOMEWARD COURT, MILTON KEYNES, MK5 8ET
Incorporated 26/02/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45320
Retail trade of motor vehicle parts and accessories
46520
Wholesale of electronic and telecommunications equipment and parts
47910
Retail sale via mail order houses or via Internet
96090
Other personal service activities

Officers

Mr Zhiming Yang

director · Since 26/02/2023

COMPANY DIRECTOR

CHINESE · ENGLAND · Age 54

Persons with Significant Control

Mr Zhiming Yang

Significant control

Chinese · England · Age 54

5, Homeward Court, Milton Keynes, MK5 8ET

Notified 26/02/2023

CompanyRankvs 7586+ SIC 45320 peers
34

Financial strength20th percentile among SIC peers · 5/25
Employees35th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.98× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength5/25 pts

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

Employees5/15 pts

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

Liquidity6/20 pts

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

Longevity3/15 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 28/02/2025

Net Worth

-£172

Balance sheet strength

Cash

£2k

Cash in the bank

Net Current Assets

-£172

Working capital

Current Assets

£8k

Current Liabilities

£8k

Debtors

£6k

1avg. employees

Balance Sheet

Assets less current liabilities-£172

EstimatesDerived

YearCurrent Ratio
20250.98

Derived from filed accounts. Not audited figures.