STERLING IT SOLUTIONS LTD Financials
- Company number
- 11991941CopyCopy
- Registered office
- Collingwood Buildings, 38 Collingwood Street, Newcastle Upon Tyne NE1 1JF
- Incorporated
- 13/05/2019
Company snapshot
- Status
- Active
- Employees
- 0 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-99.98%vs 20242024: £416.64K
Total Assets
-100.00%vs 20242024: £2.22M
Cash in Bank
18.65%vs 20232023: £45.36K
Total Liabilities
-100.00%vs 20242024: £1.80M
Employees
-3vs 20242024: 3
In 2025, STERLING IT SOLUTIONS LTD reported net assets of £100.00. The same filing shows total assets of £100.00, cash in bank of £53.82K and total liabilities of £0.00. Reported headcount was 0 in 2025. Total Assets fell from £2.22M in 2024 to £100.00 in 2025 (-100.00%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-99.98%from £416.64K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures STERLING IT SOLUTIONS LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-100%vs 2023-98.4% a year compound (CAGR)
Total Liabilities
-100%vs 2023Employees
-100%vs 2023-3Biggest decrease
Total Liabilities-100%
£1.80M in 2023 to £0.00 in 2025
Every indicator Okredo holds for STERLING IT SOLUTIONS LTD fell between 2023 and 2025. The steepest fall came in total liabilities, pointing to lighter outstanding obligations, with net assets and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from STERLING IT SOLUTIONS LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 100.00%2025
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Cash to liabilities
- 2.98%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 2.42%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for STERLING IT SOLUTIONS LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | -61.47K | 377.69K | 408.18K | 416.64K | 100.00 |
| Total Assets£ | 1.64M | 14.88K | – | 2.22M | 100.00 |
| Cash in Bank£ | 2.30K | 14.88K | 45.36K | 53.82K | – |
| Total Liabilities£ | 1.70M | 1.80M | 1.80M | 1.80M | 0.00 |
| Employees | 3 | 3 | 3 | 3 | 0 |
STERLING IT SOLUTIONS LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for STERLING IT SOLUTIONS LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
STERLING IT SOLUTIONS LTD reported net assets of £100.00 for 2025. That compares with £416.64K in 2024, a change of -99.98%.
STERLING IT SOLUTIONS LTD reported total assets of £100.00 for 2025. That compares with £2.22M in 2024, a change of -100.00%.
STERLING IT SOLUTIONS LTD reported cash in bank of £53.82K for 2024. That compares with £45.36K in 2023, a change of 18.65%.
STERLING IT SOLUTIONS LTD reported 0 employees in 2025, compared with 3 in 2024.
Between 2023 and 2025, STERLING IT SOLUTIONS LTD's net assets fell by 100%, total liabilities fell by 100% and employee numbers fell by 100%. Net assets contracted at 98.4% a year across the two years to 2025, from £408.18K to £100.00. Reported headcount went from 3 in 2023 to 0 in 2025 (-3).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.