Rowan Glen Limited

Rowan Glen Limited, based in Newton Stewart, UK, is a small, active company established two years ago. Employing seventeen people and holding £737,715 in assets, it’s a growing enterprise with a strong 5.0 Google rating from seven reviews. The company operates in the manufacture of other milk products, and is a regular importer of plastics and plastic products, with the last import operation occurring in October 2024. It’s a real address, with two directors and two owners reported.

The company’s website is not available, so it's difficult to determine if they have an e-commerce presence. However, the description suggests a focus on traditional manufacturing and distribution rather than direct online sales.

Financially, Rowan Glen Limited presents a mixed picture. While current assets remain steady at £740,000, net assets have remained at £290,000. Bank borrowings have remained at £9,300, and cash reserves have remained at £9,300. Creditors have remained at £230,000 within one year and £840,000 after one year. Net current assets and liabilities have remained at -£100,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the consistent creditors and negative net current assets suggest a reliance on credit and a potential cash flow challenge. The lack of an auditor mentioned is not surprising, given its status as a small company. The accounts are unaudited, relying on director-reported data.

It seems Rowan Glen Limited is holding steady, but managing its finances carefully will be key to its continued success.

Registered in Scotland under the registration number SC749237, with a registered address at DG8 7AX, United Kingdom, Newton Stewart, Dumfries And Galloway, Rowan Glen, Palnure.

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