STERLING MEAT COMPANY LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-21 (in 2mo)
Last made up 2025-07-07
Watchouts
None on the register
Cash
£2M
+113.9% vs 2023
Net assets
£2M
+119.2% vs 2023
Employees
217
+6.9% vs 2023
Profit before tax
£2M
+38.1% vs 2023
Net assets
4-year trend · vs Consumer Staples median
Accounts
4-year trend · latest reflected 2024-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £22,846,342 | £25,370,673 | |
| Operating profit | — | — | £1,351,244 | £1,846,155 | |
| Profit before tax | — | — | £1,337,412 | £1,847,368 | |
| Net profit | — | — | £1,006,399 | £1,374,413 | |
| Cash | — | — | £767,699 | £1,641,988 | |
| Total assets less current liabilities | — | — | £1,280,767 | £2,359,517 | |
| Net assets | — | — | £908,757 | £1,992,174 | |
| Equity | £463,543 | £982,358 | £908,757 | £1,992,174 | |
| Average employees | — | — | 203 | 217 | |
| Wages | — | — | £3,872,260 | £4,393,766 | |
| Directors' remuneration | — | — | — | — |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+11%
£22,846,342 £25,370,673
-
Cash
+113.9%
£767,699 £1,641,988
-
Net assets
+119.2%
£908,757 £1,992,174
-
Employees
+6.9%
203 217
-
Operating profit
+36.6%
£1,351,244 £1,846,155
-
Profit before tax
+38.1%
£1,337,412 £1,847,368
-
Wages
+13.5%
£3,872,260 £4,393,766
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | 5.9% | 7.3% | |
| Net margin | — | — | 4.4% | 5.4% | |
| Return on capital employed | — | — | 105.5% | 78.2% | |
| Gearing (liabilities / total assets) | — | — | 66.8% | 47.5% | |
| Current ratio | — | — | 1.12x | 1.73x | |
| Interest cover | — | — | 87.32x | 158.40x |
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.
Name history
Renamed 1 time since incorporation
- STERLING MEAT COMPANY LIMITED 2019-03-19 → present
- LOUGHANURE LIMITED 2018-11-22 → 2019-03-19
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- NRB
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- STERLING MEAT COMPANY LIMITED · parent
- NEE Investment Company Limited 100%
Significant events
- “The Company strategically sold their West Bromwich site to further improve their logistical reach and improve operational efficiencies.”
- “The shop has been replaced with a new location at Ashton in Manchester, the shop will fall under the Sterling Foods concept.”
- “Exceptional items relate to the profit on disposal of trade of the West Bromwich site which was sold on the 30 September 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| CRIBBIN, Elaine | Director | 2022-03-01 | Jan 1985 | Irish |
| CRIBBIN, Thomas | Director | 2018-11-22 | May 1963 | Irish |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MOLLOY, John | Director | 2018-11-22 | 2022-02-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Nee Investment Company Ltd | Corporate entity | Shares 75–100%, Voting 75–100% | 2022-02-28 | Active |
| Mr Thomas Cribbin | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2018-11-22 | Ceased 2022-02-28 |
Filing timeline
Last 20 of 33 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-09-22 MA Memorandum articles
- 2024-09-22 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-07-09 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-04 | AA | accounts | Accounts with accounts type full | |
| 2024-09-22 | MA | incorporation | Memorandum articles | |
| 2024-09-22 | RESOLUTIONS | resolution | Resolution | |
| 2024-09-18 | SH08 | capital | Capital name of class of shares | |
| 2024-09-18 | SH02 | capital | Capital alter shares subdivision | |
| 2024-09-17 | SH01 | capital | Capital allotment shares | |
| 2024-07-16 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2024-07-10 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2024-07-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-24 | AA | accounts | Accounts with accounts type full | |
| 2024-04-03 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-08-03 | AA | accounts | Accounts with accounts type full | |
| 2023-07-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-07-18 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-07-13 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-06-08 | AA | accounts | Accounts with accounts type full | |
| 2022-04-14 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-04-14 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-04-14 | PSC07 | persons-with-significant-control | Cessation of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 1
- Capital events
- 3
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.