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Close of 30 Oct 2026, in USD
About Sterling Consolidated
Its shares trade under the ticker STCC. It has been listed since 8 March 2013. In the fiscal year to 31 December 2022, it reported revenue of $10.4m and net income of $807,851. At that date it held total assets of $6.8m and shareholders' equity of $2.3m.
Sterling Consolidated Corp. is a holding company, which engages in the manufacture and distribution O-ring and rubber products. The company is headquartered in Neptune, New Jersey. The company went IPO on 2013-03-08. The firm operates through O-rings and rubber products segment. The firm conducts its operations through four subsidiaries: Sterling Seal & Supply, Inc. (Sterling Seal), ADDR Properties, LLC (ADDR), Q5 Ventures, LLC (Q5), and Integrity Cargo Freight Corporation (Integrity). The firm's subsidiary, Sterling Seal, engages primarily in the distribution and sale of O-rings, rubber seals, oil seals, molded rubber parts, Teflon parts, Teflon rods, O-ring cord, bonded seals, O-ring kits and stuffing box sealant. The firm's subsidiary, Integrity, is a freight forwarding business. Integrity is primarily responsible for transporting products the Company orders from its suppliers back to its warehouse in Neptune, New Jersey. ADDR owns real property. As of December 31, 2015, Q5 owned a 5,000 square foot facility in Apopka, Florida, which is used by Sterling Seal for its Florida operations.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- N/A
- Industry
- N/A
- Listed since
- 8 Mar 2013
- Employees
- 23
Leadership
Pay as last reported
- Mr. Angelo DerosaChairman of the Board$75,000
- Mr. Darren DeRosaChief Executive Officer, Director, since 2000$193,269
- Mr. Scott ChichesterChief Financial Officer, Director$14,108
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Sterling Consolidated Corp has several strengths that contribute to its success in the market. Firstly, the company has a strong brand reputation in the industry, which helps to attract customers and gain their trust. Secondly, Sterling Consolidated Corp has a diverse product portfolio, offering a wide range of high-quality products to meet the needs of its customers. This diversity minimizes the risk of dependency on a single product line. Thirdly, the company has a robust distribution network, ensuring efficient and timely delivery of products to customers. Lastly, Sterling Consolidated Corp has a dedicated and experienced team of employees who are committed to delivering excellent customer service and maintaining strong business relationships.
Weaknesses
- Despite its strengths, Sterling Consolidated Corp also has some weaknesses that need to be addressed. One of the weaknesses is its limited market presence and brand awareness compared to some of its competitors. This can make it challenging to attract new customers and expand into new markets. Additionally, the company may be susceptible to fluctuations in raw material prices, which can impact its profitability. Furthermore, Sterling Consolidated Corp may face challenges in terms of scalability, as expanding operations could require significant investments in infrastructure and resources.
Opportunities
- There are several opportunities that Sterling Consolidated Corp can capitalize on to drive growth and increase market share. Firstly, the company can focus on expanding its product line by introducing innovative and differentiated products that cater to emerging consumer trends. This can help attract new customers and strengthen existing customer loyalty. Secondly, there is potential for geographic expansion by targeting new markets and establishing strategic partnerships or acquisitions. This would enable the company to diversify its customer base and reduce reliance on specific regions. Additionally, Sterling Consolidated Corp can leverage advancements in technology to improve operational efficiency and streamline processes.
Threats
- Sterling Consolidated Corp faces several threats that could potentially hinder its growth and profitability. One significant threat is intense competition within the industry, with numerous established and emerging players vying for market share. This competition may result in price pressures and the need for constant innovation to stay ahead. Another threat is the volatility in the global economy and changing consumer preferences, which can impact the demand for Sterling Consolidated Corp's products. Moreover, regulatory changes and compliance requirements pose a threat to the company's operations, as failure to comply can lead to penalties and reputational damage.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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