Stowen Ltd

Stowen Ltd, based in Great Yarmouth, UK, is a small holding company with an active status, celebrating ten years since its incorporation in October 02, 2014. Employing thirteen individuals, the company holds assets totaling £2,290,072 and generates a yearly revenue of £5,134,568. With a real address and overseen by two directors and one owner, Stowen Ltd maintains a stellar Google rating of 5.0 based on ten reviews. The company irregularly imports optical and medical tools and devices (two months of imports, latest in July 2024) and regularly exports basic metal tools and utensils (sixteen months of exports, latest in May 01, 2024).

The company's website showcases Stowen Group Energy Services, offering a range of technical services including inspection, integrity, construction, project management, and maintenance, targeting renewable energy, oil and gas, marine, and nuclear sectors. They emphasize a dynamic team delivering high standards and supporting major international corporations. Client testimonials highlight professionalism, competence, and a proactive approach, with many praising Stowen's ability to deliver projects safely, on time, and within budget. The website lists numerous clients, including RWE, SSE, and NOV, demonstrating a broad network within the energy market.

Financially, Stowen Ltd’s report reveals some interesting trends. Accumulated depreciation on plant and machinery decreased by 6.7%, while administrative expenses fell by 3.2%. Amounts owed by associates increased significantly by 61%, and bank borrowings decreased by 39%. Turnover revenue doubled to £5,100,000, a substantial increase, and profit loss improved dramatically from -£360,000 to £1,000,000. Despite these positives, cash bank on hand decreased by 45%, and trade debtors ballooned by 86%. The company meets the criteria to be considered small, with turnover under £10.2 million and fewer than 50 employees. No auditor is mentioned, likely due to its small size.

Overall, Stowen Ltd appears to be experiencing growth, particularly in revenue, but also faces challenges in managing cash flow and collecting payments. The company’s success hinges on its ability to maintain its reputation for quality service and adapt to the evolving energy market.

Registered in England/Wales under the registration number 09245515, with a registered address at NR31 0NQ, England, Great Yarmouth, Shuttleworth Close, Gapton Hall Industrial Estate.

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