Rowan Precision Limited

Rowan Precision Ltd from Dudley, UK, is a small, holding company with an active status, celebrating 40 years in business. Founded in 1984, it employs 18 people and holds assets valued at £1,471,419. The company has a real address, is overseen by two directors, and is owned by Standtrade Ltd. It’s a regular importer of iron or steel products, bringing in goods for 92 months, with the most recent import occurring in February 2025. Export activity is less frequent, with just one month of exporting machinery, boilers, and mechanical appliances parts in October 2023.

Rowan Precision operates as a precision CNC turned parts manufacturer, offering a range of services including turned parts, sliding head machining, fixed head machining, and 5-axis multi-axis machining. The company's website highlights its capabilities in producing high-precision components for various industries, emphasizing quality and customer service. It boasts accreditations like AS9100, ISO90012015, and ISO13485, and frequently receives positive feedback from clients, praising its engineering expertise and commitment to delivering immaculate components. The site even features testimonials from satisfied customers, highlighting the company’s responsiveness and proactive approach.

Financially, Rowan Precision shows some concerning trends. Creditors have increased by a significant 29%, reaching £1.2 million, while net current assets have decreased by 33%, dropping to £280,000. Bank borrowings have also risen, increasing by 14% to £200,000. However, cash reserves have seen a positive jump, growing by 140% to £39,000. Trade debtors have increased by 2%, and the company’s employees have increased by 22% to 22 people. The company's small size—meeting two of three conditions to be considered small—helps it remain agile, but the rising debts could be a cause for concern. No auditor is mentioned, likely due to its status as a small company. Overall, Rowan Precision is showing signs of growth, but it's important to monitor its debt levels to ensure long-term financial health.

Registered in England/Wales under the registration number 01817185, with a registered address at DY1 4RH, Dudley, West Midlands, Ags Accountants & Business Advisors Ltd, Castle Court 2, Castle Gate Way.

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