STERLING SOLUTIONS RAIL LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +6.4%

  £70,431,080 → £74,960,721

• Cash

  -100%

  £832,562 → £0

  lowest in 4 filed years

• Net assets

  +8.9%

  £377,152 → £410,558

• Employees

  +59.9%

  1,269 → 2,029

  highest in 3 filed years

• Operating profit

  -61%

  £470,802 → £183,406

• Profit before tax

  -61%

  £470,802 → £183,406

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. STERLING SOLUTIONS RAIL LIMITED 2019-10-11 → present
2. STERLING (1900) LIMITED 1999-08-26 → 2019-10-11

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Mitchell Charlesworth (Audit) Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Significant events

• “Turnover increased in the year from £70m to £74m an increase of 6.4%, this can be attributed to a larger share of the overall market.”
• “Trading in the Rail sector has been difficult during the last half of the current financial year, which is due to the delayed deployment of Control Period 7 (CP7).”
• “The recent pandemic has significantly changed working practices; which has continued to the present day. Many of the group employees have flexible working patterns.”
• “The group is constantly working to participate in reducing the poor effect it may have on the environment. Current areas that have been addressed are that all company vehicles are at least a hybrid model, with a future move towards electric certainly on the agenda.”
• “We have also started to move towards changing all lighting systems in company owned property to one of energy efficient light bulbs.”
• “On 29 October 2024, a fixed and floating charge was registered at Companies House over the company's assets by Barclays Bank PLC.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

1

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.