{"name":"ROWAN INTERNATIONAL LIMITED","company_number":"02477215","status":"Active","type":"Private Limited Company","incorporated":"1990-03-05","dissolved":null,"registered_office":"Endeavour House Endeavour Drive, Festival Leisure Park, Basildon, Essex, England, SS14 3WF","postcode":"SS14 3WF","sic_codes":[{"code":46900,"description":"Non-specialised wholesale trade"}],"principal_activity":"The company is a market leading distributor of FMCG (Fast Moving Consumer Goods) residual stocks to the UK and European discount markets and the company has built a reputation based on trust and speed of service to a wide range of suppliers and customers.","previous_names":[{"name":"SLATEREALM LIMITED","changed_on":"2002-07-03"},{"name":"SLATEREALM PROPERTIES LIMITED","changed_on":"1992-07-06"}],"warnings":[],"accounts":{"category":"Medium","year_end":"30 December","last_made_up_to":"2025-12-31","next_due":"2027-09-30"},"employees":{"count":53,"accounts_date":"2025-12-31"},"financials":[{"financial_date":"2025-12-31","turnover":57501609,"profit_loss":315168,"net_assets":330773,"cash":195365,"average_employees":53},{"financial_date":"2024-12-31","turnover":52847464,"profit_loss":220000,"net_assets":15605,"cash":1106286,"average_employees":55},{"financial_date":"2023-12-31","turnover":56030007,"profit_loss":101687,"net_assets":-204395,"cash":51332,"average_employees":55},{"financial_date":"2022-12-31","turnover":44999879,"net_assets":-306082,"cash":182906},{"financial_date":"2021-12-31","turnover":45111912,"net_assets":-528961,"cash":447670}],"officers":{"current":5,"resigned":14,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":4,"outstanding":3},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Rowan International demonstrates encouraging top-line growth and sector resilience as a discount FMCG distributor, with meaningful progress in rehabilitating its balance sheet from negative equity. However, the company carries extreme leverage (liabilities nearly equal assets), perilously low cash reserves (£195k on £57.5m turnover), and uncertain profit-to-cash conversion. The recent Transmed acquisition provides potential parent company support but introduces refinancing risk. Credit facilities should be conditional on financial covenants, parent guarantees, and enhanced monitoring of cash and working capital metrics.","website":"http://www.rowaninternational.co.uk","links":{"page":"https://www.companiesintheuk.co.uk/ltd/rowan-international","people":"https://www.companiesintheuk.co.uk/company/rowan-international/people","filing_history":"https://www.companiesintheuk.co.uk/company/rowan-international/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/02477215","financials":"https://www.companiesintheuk.co.uk/company/rowan-international/financial","control":"https://www.companiesintheuk.co.uk/company/rowan-international/control","charges":"https://www.companiesintheuk.co.uk/company/rowan-international/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/rowan-international/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/rowan-international"}