Howat Group Plc

Howat Group Plc, based in Dearne Valley, UK, is a sizable holding company with an active status. Established seven years ago in 2017, the company employs 46 people and holds assets worth £22,338,150. It's a well-regarded operation, boasting a perfect 5.0 Google rating based on one review. The company regularly imports and exports iron and steel – 127 months of import activity and 451 months of export activity, with the most recent transactions occurring in January 2025.

The company's website paints a picture of a specialist metals supplier, particularly focused on the oil and gas sector. Howat Group owns several brands, including Barpoint Limited, Ancon Special Alloy Steels Limited, Engineering Special Steels Limited, and ESS Steels Group Limited. The website emphasizes global approvals, specialized product knowledge, and customer-focused service. It’s clear they are targeting a high-value market, with a focus on quality and reliability.

Financially, Howat Group Plc shows a mixed bag. While revenue increased by a substantial 64%, reaching £19 million, net losses also deepened to £1.9 million. Cash reserves grew by 5.6% to £2.3 million, which is a positive sign. However, bank borrowings increased significantly, rising by 38% to £5 million. Creditors also increased by 13%, reaching £3.8 million. The company's net assets grew by 15% to £14 million, and it’s clear they’re managing debt, but the increased borrowing suggests they’re investing in growth. The lack of an auditor mentioned suggests the company is exempt from an audit, relying on unaudited financial statements.

The company’s employee count increased by 13% to 52, indicating expansion. Overall, Howat Group Plc appears to be a growing company, but it’s facing some financial pressures. It’s likely they’re investing in their business to capture more market share, but they’re also taking on more debt to do so.

Registered in England/Wales under the registration number 10904143, with a registered address at S73 0UF, England, Dearne Valley, 2 Cortonwood Drive.

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