Rowan Engineering Limited

Rowan Engineering Ltd from Banbury UK: a small, active company founded 17 years ago, employs five people, and holds £140,057 in assets. It’s a family business with three directors and two owners, operating from a real address. The company regularly imports and exports optical and medical tools and devices – 3 months of imports and 14 months of exports recorded.

The company's website, Rowan Engineering, primarily focuses on air rifle parts and accessories, with a smaller section dedicated to Rowan Astronomy telescope mounts and accessories. It ships worldwide, including the USA, and offers a wide range of payment options. The website’s design is functional, with a focus on product listings and international shipping details. It seems to be a retail operation, not a manufacturing one, with a focus on serving a global customer base.

Financially, Rowan Engineering Ltd shows some interesting trends. While average employee numbers increased by 60%, to eight, current assets rose by 19%, reaching £140,000. However, net assets increased by a more substantial 40%, reaching £180,000. Bank borrowings remained stable, and creditors decreased slightly, suggesting improved debt management. The company’s small size (meeting two of three conditions for being a small company) allows for flexibility, but the increase in employee numbers could be a sign of growth. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

It’s clear that Rowan Engineering Ltd is a growing business, although the increased employee numbers and the rise in net losses could indicate some challenges. The company’s focus on international sales and its diverse product range suggest a strategy aimed at reaching a broad market—though, it’s hard to say if the growth is sustainable.

Registered in England/Wales under the registration number 06556097, with a registered address at OX16 4XR, England, Banbury, Oxfordshire, Unit 8 Overfield Ind. Est., Thorpe Way.

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