Stovax Limited in Exeter, EX5 2FR

Description

Data updated on: 01-11-2023

Stovax Limited has been in this business for at least 43 years. Registered under the number 01572550 in 1981, the firm is registered at 3 Spitfire Avenue, Exeter EX5 2FR. The enterprise's Standard Industrial Classification Code is 46499 - Wholesale of household goods (other than musical instruments) n.e.c.. 2022-12-31 is the last time when the company accounts were filed.

Stovax Ltd is a small-sized vehicle operator with the licence number OH0215251. The firm has one transport operating centre in the country. In their subsidiary in Exeter on Sowton Industrial Estate, 7 machines are available.

The knowledge we have about this particular firm's MDs indicates the existence of four directors: Ian P., Ian K., Caroline C. and Alistair C. who became members of the Management Board on 2023-06-14, 2020-08-01 and 2017-09-05. In order to find professional help with legal documentation, this company has been using the skills of Ian P. as a secretary since the appointment on 2023-06-14.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	16 006 760	19 292 164	16 941 581	18 526 173
Current Assets	21 807 695	24 049 353	23 886 108	26 410 835
Debtors	2 483 843	2 547 793	4 409 792	6 246 031
Net Assets Liabilities	20 521 799	22 268 223	21 598 058	23 819 935
Property Plant Equipment	682 914	524 885	466 473	2 408 612
Total Inventories	3 317 092	2 209 396	2 534 735	1 638 631

Other Financial Data
Audit Fees Expenses		41 863	31 475	17 000
Accrued Liabilities Deferred Income	440 129	1 385 942	1 601 022	2 394 722
Accumulated Depreciation Impairment Property Plant Equipment	2 163 252	2 052 072	1 984 149	2 086 549
Additional Provisions Increase From New Provisions Recognised		116 932	299 696	68 172
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss		-13 790
Administrative Expenses	3 473 875	3 372 962	3 356 670	4 264 876
Amounts Owed By Group Undertakings	44 972	59 849	771 074	837 657
Amounts Owed To Group Undertakings	43 208
Applicable Tax Rate	19	19	19	19
Average Number Employees During Period	142	115	114
Comprehensive Income Expense	1 248 709	1 746 424	754 235	2 802 286
Corporation Tax Payable	118 322	-7 088	56 460	15 407
Cost Sales	13 373 247	11 770 291	13 680 902	17 368 873
Creditors	1 667 963	1 888 236	2 037 049	4 213 866
Current Tax For Period	283 972	353 680	137 608	607 652
Deferred Tax Asset Debtors	9 776	23 566	23 619	9 709
Depreciation Expense Property Plant Equipment		318 079	195 476	172 738
Disposals Decrease In Depreciation Impairment Property Plant Equipment		429 259	263 399	70 338
Disposals Property Plant Equipment		429 259	298 164	70 339
Distribution Costs	906 462	853 842	1 238 898	1 862 718
Dividends Paid	1 800 000		1 424 400	580 409
Dividends Paid On Shares Final			1 424 400	580 409
Finished Goods	3 117 953	2 096 697	2 372 735	1 486 631
Further Item Interest Income Component Total Interest Income				93 069
Future Minimum Lease Payments Under Non-cancellable Operating Leases	22 467	38 457	71 591	538 098
Gain Loss On Disposals Property Plant Equipment		5 783	-8 486
Gross Profit Loss	5 850 945	5 878 382	5 452 566	9 333 502
Increase Decrease In Current Tax From Adjustment For Prior Periods	-14 305	-26 047	-14 432	-10 587
Increase From Depreciation Charge For Year Property Plant Equipment		318 079	195 476	172 738
Interest Expense	-55 248	-12 740	-50
Interest Income On Bank Deposits				114 283
Interest Payable Similar Charges Finance Costs	-55 248	-12 740	-50
Net Current Assets Liabilities	20 139 732	22 161 117	21 849 059	22 196 969
Number Shares Issued Fully Paid		190 347	190 347	190 347
Operating Profit Loss	1 470 608	2 073 574	877 308	3 205 908
Other Deferred Tax Expense Credit	-6 825	-13 790	-53	13 910
Other Interest Receivable Similar Income Finance Income				207 352
Other Operating Income Format1		421 996	20 310
Other Taxation Social Security Payable	128 425	83 507	82 013	78 855
Par Value Share		1	1	1
Prepayments Accrued Income	206 453	170 743	49 846	1 726 120
Profit Loss	1 248 709	1 746 424	754 235	2 802 286
Profit Loss On Ordinary Activities Before Tax	1 525 856	2 086 314	877 358	3 413 260
Property Plant Equipment Gross Cost	2 846 166	2 576 957	2 450 622	4 495 161
Provisions	300 847	417 779	717 474	785 646
Provisions For Liabilities Balance Sheet Subtotal	300 847	417 779	717 474	785 646
Raw Materials	199 139	112 699	162 000	152 000
Recoverable Value-added Tax		25 756	131 856	37 011
Tax Expense Credit Applicable Tax Rate	289 913	396 400	166 698	648 519
Tax Increase Decrease From Effect Capital Allowances Depreciation	9 477
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss		794	154	1 719
Tax Tax Credit On Profit Or Loss On Ordinary Activities	277 147	339 890	123 123	610 974
Total Additions Including From Business Combinations Property Plant Equipment		160 050	171 829	2 114 878
Total Assets Less Current Liabilities	20 822 646	22 686 002	22 315 532	24 605 581
Total Current Tax Expense Credit		353 680	123 176	597 064
Trade Creditors Trade Payables	833 065	425 875	297 554	1 724 882
Trade Debtors Trade Receivables	2 222 642	2 267 879	2 853 043	3 635 534
Turnover Revenue	19 224 192	17 648 673	19 133 468	26 702 375