STERLING MIXERS LTD

• ◆

  Audit opinion: Qualified

  Latest auditor's report carried a non-clean opinion.

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

  -31.2%

  £3,701,687 → £2,544,971

• Cash

  -96.4%

  £74,421 → £2,663

• Net assets

  -80.6%

  -£607,352 → -£1,097,008

  lowest in 5 filed years

• Employees

  -16.7%

  18 → 15

• Operating profit

  -60%

  -£283,314 → -£453,368

• Profit before tax

  -61.2%

  -£305,171 → -£491,886

• Wages

  -37%

  £719,881 → £453,748

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 MIXERS LTD 2022-03-14 → present
2. HYMIX (STOKESLEY) LTD 2019-11-27 → 2022-03-14

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Benee Consulting Limited

Audit opinion

Qualified

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. The financial statements have been prepared on a going concern basis. The company incurred a loss of £491,886 for the year ended 31 December 2024 (2023: £305,171) and at that date had net liabilities of £1,097,008 (2023: £607,352). Excluding balances with group companies, the company's net assets were £971,362 (2023: £1,148,759). The directors have received confirmation from the parent company that it will provide the financial support necessary for the company to continue trading and meet its obligations as they fall due for at least 12 months from the date of approval of these financial statements. Accordingly, the directors consider it appropriate to prepare the financial statements on a going concern basis. The auditor notes a material uncertainty related to going concern due to losses and net liabilities, but the opinion is not modified in respect of this matter because of parental support.”

Significant events

• “The company's three-year plan for growth 'Vision 2027' focuses upon increasing the supply of the Supermix and Ultramix models to customers and providing first rate service and aftersales support.”

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

Filings

2

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.