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STOVAX HEATING GROUP LIMITED Financials

Company number
08299613Copy
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Registered office
3 Spitfire Avenue, Clyst Honiton, Exeter EX5 2FR
Incorporated
20/11/2012

Company snapshot

Status
Active
Employees
0 (2025)
Latest financial data
2025
Accounts type
Medium

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£482.70K2025
2.54%vs 2024

2024: £470.73K

Total Assets

£3.30M2025
-6.29%vs 2024

2024: £3.53M

Cash in Bank

£116.002024
-99.84%vs 2023

2023: £74.39K

Total Liabilities

£1.38M2025
-7.87%vs 2024

2024: £1.50M

Employees

02025
-8vs 2024

2024: 8

In 2025, STOVAX HEATING GROUP LIMITED reported net assets of £482.70K. The same filing shows total assets of £3.30M, cash in bank of £116.00 and total liabilities of £1.38M. Reported headcount was 0 in 2025. Total Assets fell from £3.53M in 2024 to £3.30M in 2025 (-6.29%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£482.70K2025
2.54%from £470.73K in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures STOVAX HEATING GROUP LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£260.53K2023£482.70K2025
+85.3%vs 2023

+36.1% a year compound (CAGR)

Total Assets

£4.15M2023£3.30M2025
-20.3%vs 2023

-10.7% a year compound (CAGR)

Total Liabilities

£2.22M2023£1.38M2025
-37.8%vs 2023

-21.1% a year compound (CAGR)

Employees

10202302025
-100%vs 2023-10

Biggest increase

Net Assets+85.3%

£260.53K in 2023 to £482.70K in 2025

Biggest decrease

Employees-100%

10 in 2023 to 0 in 2025

STOVAX HEATING GROUP LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Ratios from the filed figures

Calculated from STOVAX HEATING GROUP LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
14.61%2025

Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.

Liabilities to total assets
41.88%2025

Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.

Cash to liabilities
0.01%2024

Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for STOVAX HEATING GROUP LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£275.38K288.94K260.53K470.73K482.70K
Total Assets£765.22K3.06M4.15M3.53M3.30M
Cash in Bank£605.18K2.85M74.39K116.00–
Total Liabilities£688.74K2.77M2.22M1.50M1.38M
Employees12101080

STOVAX HEATING GROUP LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has STOVAX HEATING GROUP LIMITED filed financial statements?

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Yes. Okredo holds filed figures for STOVAX HEATING GROUP LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.

What net assets did STOVAX HEATING GROUP LIMITED report in 2025?

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STOVAX HEATING GROUP LIMITED reported net assets of £482.70K for 2025. That compares with £470.73K in 2024, a change of 2.54%.

What total assets did STOVAX HEATING GROUP LIMITED report in 2025?

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STOVAX HEATING GROUP LIMITED reported total assets of £3.30M for 2025. That compares with £3.53M in 2024, a change of -6.29%.

What cash in bank did STOVAX HEATING GROUP LIMITED report in 2024?

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STOVAX HEATING GROUP LIMITED reported cash in bank of £116.00 for 2024. That compares with £74.39K in 2023, a change of -99.84%.

How many people does STOVAX HEATING GROUP LIMITED employ?

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STOVAX HEATING GROUP LIMITED reported 0 employees in 2025, compared with 8 in 2024.

How have STOVAX HEATING GROUP LIMITED financials changed over the last 3 years?

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Between 2023 and 2025, STOVAX HEATING GROUP LIMITED's net assets rose by 85.3%, total assets fell by 20.3%, total liabilities fell by 37.8% and employee numbers fell by 100%. Net assets compounded at 36.1% a year across the two years to 2025, from £260.53K to £482.70K. Reported headcount went from 10 in 2023 to 0 in 2025 (-10).

Which years of STOVAX HEATING GROUP LIMITED financial data are available?

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Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.