Stoney Cove Limited

Stoney Cove Limited, based in Leicester, UK, is a small holding company with an active status, founded six years ago in 2018. Employing 25 people and boasting £950,897 in assets, it maintains a real address and is overseen by two directors and one owner, enjoying a stellar 5.0 Google rating from 536 reviews. The company regularly imports toys, games, and sports equipment, with the latest import activity recorded five months ago in December 2024.

Primarily, Stoney Cove Limited operates as a diving centre and swim school, offering a range of courses, equipment hire, and recreational activities. Its website showcases a comprehensive offering, including open water swimming, scuba diving courses, a dive school, and even a restaurant called Nemo’s. The centre also provides technical services and boasts an underwater world map for divers. It seems they are really trying to offer something for everyone.

Financially, Stoney Cove Limited presents a mixed picture. Current assets have decreased by 29% to £950,000, while net assets have also fallen by 5.2% to £2,000,000. Bank borrowings have increased by a significant 45%, reaching £600,000, and cash reserves have dropped by 45% to £600,000. Trade debtors have surged by 100%, indicating potential issues with customer payments, while creditors have decreased by 20%, suggesting improved debt management. 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 decrease in cash reserves and increase in debt warrants attention. As a small company, it is exempt from an audit, and the figures rely on unaudited statements.

The significant increase in average employees from 25 to 41 suggests expansion, but the corresponding decrease in cash reserves and increase in debt could indicate that this growth is being funded through borrowing. It’s possible the company is investing in new equipment or facilities, but the financial data suggests it’s operating close to the edge.

Registered in England/Wales under the registration number 11620716, with a registered address at LE9 4DW, England, Leicester, Stoney Cove Sapcote Road, Stoney Stanton.

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