G. Stow Plc

G. Stow Plc from Walsall UK: a large company, holding company, active status, founded 33 years ago, employing 31 people, holding assets of £2,904,581, operating from a virtual address, managed by four directors and a single owner, boasting a Google rating of 4.0 based on four reviews, and regularly importing iron or steel products (23 months imported).

The company specializes in water engineering and drilling services, offering a comprehensive range of solutions from borehole construction and maintenance to geothermal drilling and CCTV surveys. Their website highlights over a century of experience, positioning them as leaders in the UK and Europe, with international projects spanning over thirty countries. G. Stow Plc operates within the SSI Services UK Group, a subsidiary of South Staffordshire Plc, with ownership partially held by pension funds and institutional investors. They offer a “source to tap” service, encompassing water treatment, pipeline contracting, and even specialist waterproofing and concrete repairs. Recent news highlights contract wins and appointments, showcasing growth and expansion within the industry.

Financially, G. Stow Plc presents a mixed picture. While current assets increased slightly to £2,900,000, net assets decreased significantly by 16% to £2,000,000. Bank borrowings increased by 100% to £74,000, and cash reserves decreased by 14% to £930,000. Creditors also decreased by 11%, suggesting better management of short-term liabilities. The company’s large size (meeting two of three criteria for being a large company) and relatively stable turnover (£5,200,000) indicate a solid foundation, but the decline in equity raises questions. The absence of a named auditor suggests reliance on unaudited statements, which is common for companies of this size.

Overall, G. Stow Plc appears to be a well-established player in its niche market, but the financial data suggests it’s navigating some challenges. The company’s focus on specialized engineering services and its affiliation with a larger group likely provides stability, but continued monitoring of its financial performance will be important.

Registered in England/Wales under the registration number 02645390, with a registered address at WS2 7PD, England, Walsall, C/O South Staffordshire Plc, Green Lane.

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