Rowan Precision Limited in Dudley, DY1 4RH

Description

Data updated on: 01-11-2023

This Rowan Precision Limited business has been on the market for fourty years, as it's been founded in 1984. Started with registration number 01817185, Rowan Precision was set up as a Private Limited Company with office in Ags Accountants & Business Advisors Ltd, Dudley DY1 4RH. This enterprise's declared SIC number is 25620 and has the NACE code: Machining. Rowan Precision Ltd released its account information for the financial period up to April 30, 2022. The firm's latest confirmation statement was released on December 5, 2022.

In order to meet the requirements of their customers, the following company is constantly being improved by a group of four directors who are, to name just a few, Glenn A., Jasvinder K. and Jayne B.. Their support has been of cardinal use to the company since May 2021.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-04-30	2016-04-30	2017-04-30	2018-04-30	2019-04-30	2020-04-30	2021-04-30	2022-04-30
Currency

Balance Sheet
Cash Bank On Hand	26 223	18 994	11 554	198	466	1 550	3 862	27 592
Current Assets	600 000	823 676	797 460	681 027	655 456	677 905	633 082	1 289 044
Debtors	462 815	615 173	606 156	507 926	472 543	497 529	525 238	1 081 508
Net Assets Liabilities						87 663	90 213	202 625
Other Debtors		17 019	18 975	15 987	8 715	6 377	9 749	23 223
Property Plant Equipment								248 411
Total Inventories	110 962	189 509	179 750	172 903	182 447	178 826	103 982	179 944

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment								6 320
Amounts Owed By Related Parties	36 006		109 149	124 810	107 789	109 636	158 486	674 860
Amounts Owed To Group Undertakings		8 584
Average Number Employees During Period					16	19	18	18
Bank Borrowings Overdrafts				10 906	22 622	8 517	100 000	386 076
Carrying Amount Under Cost Model Revalued Assets Property Plant Equipment	-28 503
Creditors	515 915	738 385	711 852	594 510	568 473	590 242	100 000	548 226
Future Minimum Lease Payments Under Non-cancellable Operating Leases					224 000	233 000	216 394	102 076
Increase From Depreciation Charge For Year Property Plant Equipment								6 320
Net Current Assets Liabilities	84 085	85 291	85 608	86 517	86 983	87 663	190 213	502 440
Number Shares Issued Fully Paid			52 000	52 000	52 000
Other Creditors		468 990	413 574	295 482	273 196	323 683	168 907	162 150
Other Taxation Social Security Payable		62 887	62 787	53 638	53 643	35 552	76 327	63 515
Par Value Share			1	1	1
Payments To Related Parties					224 000	233 000	319 200
Profit Loss	113 582	19 206
Property Plant Equipment Gross Cost								254 731
Total Additions Including From Business Combinations Property Plant Equipment								254 731
Total Assets Less Current Liabilities							190 213	750 851
Trade Creditors Trade Payables	182 848	197 924	235 491	234 484	219 012	222 490	197 635	238 414
Trade Debtors Trade Receivables	416 124	598 154	478 032	367 129	356 039	381 516	357 003	383 425

Company staff

Glenn A.

Role: Director

Appointed: 13 May 2021

Latest update: 30 November 2023

Jasvinder K.

Role: Director

Appointed: 13 May 2021

Latest update: 30 November 2023

Jayne B.

Role: Director

Appointed: 13 May 2021

Latest update: 30 November 2023

Martin B.

Role: Director

Appointed: 05 December 1991

Latest update: 30 November 2023

People with significant control

The companies with significant control over this firm are as follows: Standtrade Ltd owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Dudley at Castle Court 2, Castle Gate Way, DY1 4RH, West Midlands and was registered as a PSC under the reg no 02730034.

Standtrade Ltd

Address: Ags Accountants & Business Advisors Ltd Castle Court 2, Castle Gate Way, Dudley, West Midlands, DY1 4RH, United Kingdom

Legal authority English

Legal form Limited

Country registered United Kingdom

Place registered Companies House

Registration number 02730034

Notified on 6 April 2016

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Accounts Documents

Account next due date	31 January 2024
Account last made up date	30 April 2022
Confirmation statement next due date	19 December 2023
Confirmation statement last made up date	05 December 2022

Annual Accounts
Start Date For Period Covered By Report	2015-05-01
End Date For Period Covered By Report	2016-04-30
Annual Accounts
Start Date For Period Covered By Report	2016-05-01
Annual Accounts
Start Date For Period Covered By Report	2017-05-01
End Date For Period Covered By Report	2018-04-30
Annual Accounts
Start Date For Period Covered By Report	2018-05-01
End Date For Period Covered By Report	2019-04-30
Annual Accounts
Start Date For Period Covered By Report	2019-05-01
End Date For Period Covered By Report	2020-04-30
Annual Accounts
Start Date For Period Covered By Report	2020-05-01
End Date For Period Covered By Report	2021-04-30
Annual Accounts
Start Date For Period Covered By Report	2021-05-01
End Date For Period Covered By Report	2022-04-30
Annual Accounts
End Date For Period Covered By Report	2017-04-30

Rowan Precision Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Glenn A.

Jasvinder K.

Jayne B.

Martin B.

Christopher K.

People with significant control

Standtrade Ltd

Accounts Documents

Company filings

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