Stonehaven Engineering Ltd.

Stonehaven Engineering Ltd, based in Stonehaven, UK, is a small, active company founded 34 years ago. Employing seven people and holding £1,054,812 in assets, it operates from a real address and is managed by two directors and a single owner—the solo founder. The company enjoys a perfect 5.0 Google rating from one review. It’s an irregular importer, primarily dealing in electrical machinery and equipment, with its last import activity recorded one months ago.

Stonehaven Engineering Ltd specializes in the design, manufacture, fitout, and installation of bespoke prefabricated containerised, modular building and field equipment. Its target markets include Military Defence, Oil and Gas, and specialist clientele like Research Institutions and Renewables. The company’s website highlights its ability to handle tough conditions, offering solutions from combat zones to extreme environments. They provide everything from 10ft to 40ft ISO container modifications and custom builds, emphasizing a “tailor-made product solution.”

Financially, Stonehaven Engineering Ltd presents a mixed picture. While current assets have decreased by 36% to £1,100,000, total inventories have increased by 120% to £82,000. Trade debtors have seen a dramatic rise, increasing by 670% to £170,000—a potentially concerning trend. Cash reserves have fallen 50% to £800,000. Bank borrowings have decreased, and creditors have fallen significantly. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the drop in equity—a 7.6% decrease—raises questions. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

The company’s financial numbers suggest it’s facing some pressures, but the increase in inventories could indicate a build-up of stock, or a strategic move to meet future demand. The high level of trade debtors needs monitoring, as it could indicate difficulties in collecting payments.

Registered in Scotland under the registration number SC125606, with a registered address at AB39 2NH, United Kingdom, Stonehaven, Aberdeenshire, Stonehaven Engineering Ltd Broomhill Road, Spurryhillock Industrial Estate.

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