STATS Group is a specialist engineering company and service provider that operate in the field of piping and pipeline integrity and maintenance. We offer innovative solutions and proprietary technologies such as: • BISEP™, STATS patented technology provides double block and bleed isolation, deployed through a single full bore branch or hot tap penetration. The seal annulus port proves and monitors the seal integrity before and during intervention work. • Tecno Plug™ range of pipeline isolation tools, designed for tethered, piggable or manual operation each with a dual seal and annulus vent offering effective double block and bleed isolation, with both seals being capable of holding the full isolation pressure. A through-port is provided for downstream pressure monitoring or pressure application as required. STATS provide full service capability for the maintenance, repair and modification of oil and gas installations and pipelines, onshore and offshore. Our comprehensive range of products and services, enable piping and pipeline isolation, intervention, inspection, repair, connection, and testing work scopes. STATS philosophy is to deliver innovation, value and rapid response to our clients which will: • Enhance safety & environmental performance • Reduce system or plant downtime • Extend facility life
Company Growth (employees)
Type
Private
HQ
Kintore, GB
Founded
February 1998
Size (employees)
174 (est)+3%
Stats was founded in February 1998 and is headquartered in Kintore, GB

Stats Office Locations

Stats has offices in Kintore, Inverurie, Holme, Stavanger
Stavanger, NO
36 Oddahagen
Holme, GB
59 Elmsfield Park
Inverurie, GB
Burghmuir Pl

Stats Metrics

Summary Metrics

Founding Date

February 1998

Stats Financial Metrics

Revenue (2015)

£35.7 m

Revenue growth (2014-15), %

18%

Gross profit

£13.9 m

Gross profit margin (2015), %

39%
Stats's revenue was reported to be £35.7 m in FY, 2015 which is a 17.6% increase from the previous period.
FY, 2013FY, 2014FY, 2015

Revenue

£26.4 m£30.3 m£35.7 m

Revenue growth, %

15%18%

Cost of goods sold

£15 m£18.1 m£21.8 m

Gross profit

£11.5 m£12.2 m£13.9 m

Gross profit Margin, %

43%40%39%

Operating expense total

£9.5 m£12.3 m£13.3 m

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