Stamford Stoves Limited

Stamford Stoves Ltd from Stamford UK: a small, active company founded eight years ago, employs five people, and holds £364,041 in assets. It's a solo founder operation with one director, boasting a perfect 5.0 Google rating from 16 reviews. The company is an irregular importer, bringing in iron or steel products, with the last import recorded one months ago.

Stamford Stoves operates as a retailer of stoves and cookers, with a lifestyle showroom in Lincolnshire displaying over thirty stoves, ten of which can be live. They are dealers for brands like Charnwood, Chesneys, Everhot, and Jotul, and also offer installation services, plumbing work, and even wood burning stove sweeping. The company's website highlights a wide range of products, from traditional wood-burning stoves to modern range cookers, and emphasizes specialist advice and bespoke consultations. They also have a sister company, Stamford Plumbing, located next door.

Financially, Stamford Stoves Ltd presents a mixed picture. While current assets have increased by 22% to £360,000, net assets have seen a substantial jump of 30% to £210,000. Bank borrowings have remained steady, and cash reserves are holding at £76,000. However, the company’s creditors have risen by 5.7% to £270,000, and depreciation on plant and machinery has increased significantly. The company meets two of three criteria to be considered small, with a turnover under £10.2 million and assets under £5.1 million. No auditor is mentioned, which is likely due to its status as a small company.

Overall, Stamford Stoves Ltd appears to be a stable, albeit small, business. The increase in net assets suggests improved profitability, but the rise in creditors warrants monitoring. The company’s focus on specialist advice and a well-presented showroom, combined with its strong Google rating, should help it maintain its position in the competitive stove market.

Registered in England/Wales under the registration number 10585602, with a registered address at PE9 3DW, United Kingdom, Stamford, Lincs, Unit 1a Station Road Business Park, Barnack.

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