Anevay Stoves Limited

Anevay Stoves Ltd, based in Truro, UK, is a small, active company founded eighteen years ago in 2007. It employs ten people and operates from a virtual address, a detail flagged by the registration of 104 companies at the same location. The business is run by a solo founder and director, Cronje David Jacobus, and features an e-commerce site dedicated to wood-burning stoves. The company irregularly imports iron or steel products (two months of activity, last in 2017) and regularly exports them (three months of activity, last in 2017).

Anevay Stoves specializes in the design, manufacture, and sale of quality wood-burning stoves, catering to both outdoor and indoor use. Its website showcases a range of stoves, including the Frontier, Horizon, and Traveller models, alongside accessories like flues, flashing kits, and carry bags. The company also offers a selection of cooking recipes and maintenance tips, highlighting its commitment to customer support. It seems they’re really focused on the design and sale of their stoves.

Financially, Anevay Stoves presents a mixed picture. While average employee numbers increased by 20% to twelve, cash reserves plummeted 99% to a mere £45. Bank borrowings decreased by 27%, but accrued liabilities dropped significantly. Creditors also decreased, suggesting improved debt management. Net assets, however, declined by 66%, leaving the company with just £14,000 in equity. The company’s small size (meeting two of three criteria for small company status) allows for flexibility, but the sharp decline in equity warrants closer attention. The lack of an auditor mentioned suggests the company is exempt from an audit as a small entity, relying on unaudited financial statements.

The company’s reliance on exports, while a positive aspect, could be a vulnerability if global demand fluctuates. The decrease in cash reserves, despite improved debt management, indicates a need to carefully monitor expenses and potentially explore new revenue streams.

Registered in England/Wales under the registration number 06121587, with a registered address at TR1 2NA, Truro, Cornwall, Lowin House, Tregolls Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.