Stovax Group Limited

Stovax Group Limited, based in Exeter, UK, is a large holding company with an active status, established fifteen years ago in 2010. Despite a sizable presence, the company reports just four employees and has four directors and one owner. It maintains a real address and boasts a respectable Google rating of 4.0 based on 187 reviews. The company regularly imports and exports iron or steel products, with 168 months of import activity and 331 months of export activity recorded.

The company operates as a production holding company and is a key player in the UK’s fireplace industry, specializing in wood burning, multifuel, gas, and electric stoves, fires, and fireplaces. Its website showcases a diverse range of products, from traditional log burners to modern media wall electric fires, catering to a wide range of customer preferences. The site also provides extensive advice and information, including guidance on chimney flue options and log burner rules. It's clear that Stovax Group Limited aims to be a one-stop shop for all fireplace needs.

Financially, Stovax Group Limited's performance shows some mixed signals. While turnover remained steady at £0, retained earnings and total comprehensive income declined by 20%, falling to £4 million. Investments in group undertakings remained constant at £220,000. Bank borrowings remained at £0, and cash reserves were not reported. The company’s large size (meeting two of three criteria for turnover over £36 million, balance sheet over £18 million, and over 250 employees) suggests a significant operation, but the decrease in profit raises questions. The company’s accounts are audited, and Haines Watts served as the auditor.

Despite the financial fluctuations, Stovax Group Limited appears to be navigating the market effectively, leveraging its brand reputation and extensive product range. The company’s focus on customer service and expert advice, coupled with its diverse product offerings, positions it well for continued success in the competitive fireplace industry.

Registered in England/Wales under the registration number 07127090, with a registered address at EX5 2FR, England, Exeter, 3 Spitfire Avenue, Clyst Honiton.

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