Stennetts Ltd

Stennetts Ltd from Cranleigh UK: a small, active company established 42 years ago, employs 11 people, and holds £741,043 in assets. It’s a family business with three directors and two owners, boasting a perfect 5.0 Google rating from just three reviews. The company is an irregular importer of electrical machinery and equipment, with its last import activity recorded one month ago in March 2023.

The business operates as a plant and machinery hire company, offering a one-stop shop for specialist equipment and commercial transport throughout the UK. It prides itself on expertise, customer service, and a low staff turnover, supported by a fully equipped workshop and UK-wide support networks. Stennetts Ltd caters to a diverse client base, including utility companies, local authorities, and multinational corporations, even offering plant operators and groundwork services. The company continued to operate throughout the Covid pandemic, supporting essential services.

Financially, Stennetts Ltd presents a mixed picture. Current assets increased by 36% to £740,000, while net assets grew by 1.5% to £810,000. Bank borrowings decreased by 22% to £4.3 million, and cash reserves saw a significant jump of 160% to £63,000. However, creditors rose by 5.5% to £2.1 million, and trade debtors increased by 33% to £640,000. 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 flexibility, but the rise in debt warrants attention. No auditor is mentioned, likely due to the company’s exemption as a small entity. The company’s financial statements are unaudited.

Registered in England/Wales under the registration number 01710040, with a registered address at GU6 8QZ, England, Cranleigh, Farnfield Yard, Gaston Gate, Guildford Road.

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