Stellison Limited

Stellison Limited, based in Leigh-on-Sea, UK, is a large, active family business established 62 years ago. With 77 employees and £5,170,415 in assets, the company generates £9,228,290 in yearly revenue. Although it operates from a registered address, twenty companies share the same location, suggesting a virtual address. The business is run by four directors and two owners, and it’s a regular importer of furniture, lighting, and prefabricated buildings, with the last import operation occurring six months ago. It also operates an e-commerce site, selling a wide range of electrical appliances.

The company's website showcases a vast selection of products, from washing machines and fridges to TVs and floorcare items, catering to both domestic and commercial customers. It even offers a range of services, including appliance installation and a price match promise. Stellison Electrical also operates Bentons Kitchens and Stellisons Appliance Force, suggesting a broader presence in the home appliance and kitchen sector.

Financially, Stellison Limited presents a mixed picture. While turnover remained stable, net assets increased by 3.6% to £6,400,000. However, cash and cash equivalents decreased significantly by 16% to £1,700,000. Bank borrowings surged by 200% to £200,000, and trade payables increased by 18% to £50,000. Despite these pressures, the company’s director remuneration increased by 120% to £200,000, which may reflect increased workload or a change in compensation structure. The company's audit was performed by MHA, and the accounts are audited.

The increase in borrowing and decrease in cash reserves could indicate increased investment in inventory or marketing efforts, or it could signal a need for improved cash flow management. The company’s long history and family ownership suggest a stable foundation, but the changing financial landscape warrants close monitoring.

Registered in England/Wales under the registration number 00743883, with a registered address at SS9 2HN, England, Leigh On Sea, Essex, Monometer House, Rectory Grove.

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