Stovax Gazco Ltd
01572550
Healthy
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Previously known as
Compliance
Last accounts
31/12/2025
medium
Next accounts due
30/09/2027
Confirmation statement
Last: 15/11/2025
Due 29/11/2026
Industry
Officers
secretary · Since 14/06/2023
Former
director · Resigned 31/12/2016
director · Resigned 15/07/2019
director · Resigned 30/06/2020
secretary · Resigned 10/07/2020
director · Resigned 10/07/2020
director · Resigned 06/08/2021
director · Resigned 14/06/2023
Persons with Significant Control
Stovax Heating Group Limited
3 Spitfire Avenue, Clyst Honiton, Exeter, EX5 2FR
Reg: 08299613 · Companies House · Private Company Limited By Shares
Notified 20/12/2024
Former PSCs
Stovax Group Limited
Ceased 20/12/2024
Charges0 outstanding
MIDLAND BANK PLC
MIDLAND BANK PLC
MIDLAND BANK PLC
Change History
Private Limited Company
3 SPITFIRE AVENUE
EXETER
Active
CompanyRankvs 34+ SIC 25990 peers80
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 9.02 | +£0 |
| 2025 | 9.02 | +£18.0M |
| 2024 | 1.90 | -£1.7M |
| 2023 | 8.54 | -£383k |
| 2022 | 6.27 | +£2.2M |
| 2021 | 11.73 | — |
Derived from filed accounts. Not audited figures.