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Stovax Gazco Ltd

01572550

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

3 SPITFIRE AVENUE, EXETER, EX5 2FR
Incorporated 06/07/1981

Compliance

Last accounts

31/12/2025

medium

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 15/11/2025

Due 29/11/2026

On track

Industry

25990
Manufacture of other fabricated metal products
32990
Other manufacturing
46499
46499

Officers

Ian David Padget

secretary · Since 14/06/2023

Caroline May Carr

director · Since 01/08/2020

British

Alistair Compton

director · Since 05/09/2017

Zimbabwean

Ian David Kingscott

director · Since 01/08/2020

British

Ian David Padget

director · Since 14/06/2023

British,Swedish

Former

Morley Andrew Sage

secretary · Resigned 01/06/2006

Andrew David Walker

secretary · Resigned 10/07/2020

Colin Malcolm Brook

director · Resigned 01/06/2006

Guy Courtenay Bagot Brook

director · Resigned 01/06/2006

Robert James Crabb

director · Resigned 30/06/2020

Edward Gerard Charles Henry

director · Resigned 06/08/2021

Miles Peter Jennings

director · Resigned 01/06/2006

Michael Oram

director · Resigned 15/07/2019

Morley Andrew Sage

director · Resigned 31/12/2016

Paul Swan

director · Resigned 14/06/2023

Gregory Richard Taylor

director · Resigned 08/11/2014

Andrew David Walker

director · Resigned 10/07/2020

CompanyRankvs 340+ SIC 25990 peers
80

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 9.02× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are d

Key FinancialsYear ending 31/12/2025

Turnover

£36.0M

Annual revenue

Net Worth

£39.8M

Balance sheet strength

Cash

£28.0M

Cash in the bank

Profit Before Tax

£18.2M

Bottom line earnings

Net Current Assets

£38.6M

Working capital

Current Assets

£43.4M

Current Liabilities

£4.8M

Fixed Assets

£2.3M

Debtors

£7.0M

Cost of Sales

£25.8M

Gross Profit

£10.2M

Admin Expenses

£9.0M

Operating Profit

-£614k

Profit After Tax

£18.0M

230avg. employees+88

Tax at Year End

Corp tax£9k
Dividends paid£1.5M

Balance Sheet

Interest payable£26k
Assets less current liabilities£40.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20259.02+£18.0M
20241.90-£1.7M
20238.54+£1.8M
202111.73

Derived from filed accounts. Not audited figures.