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)
175 (est)
Stats was founded in February 1998 and is headquartered in Kintore, GB

Stats Office Locations

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

Stats Data and Metrics

Summary Metrics

Founding Date

February 1998

Stats Financial Metrics

Stats's revenue was reported to be £30 m in FY, 2016 which is a 16% decrease from the previous period.
Numbers are in £, GBP

Revenue (FY, 2016)

30 m

Revenue growth (FY, 2015 - FY, 2016), %

(16%)

Gross profit (FY, 2016)

12.3 m

Gross profit margin (FY, 2016), %

41%

Net income (FY, 2016)

(1.3 m)

Cash (31-Dec-2016)

752.6 k
Numbers are in £, GBPFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

26.4 m30.3 m35.7 m30 m

Revenue growth, %

15%18%(16%)

Cost of goods sold

15 m18.1 m21.8 m17.6 m

Gross profit

11.5 m12.2 m13.9 m12.3 m

Gross profit Margin, %

43%40%39%41%

Operating expense total

9.5 m12.3 m13.3 m12.1 m

Pre tax profit

(1.1 m)(938.9 k)(1.4 m)

Net Income

(395.9 k)(795 k)(1.3 m)
Numbers are in £, GBPFY, 2014FY, 2015FY, 2016

Cash

2.3 m351.2 k752.6 k

Accounts Receivable

7.9 m5.2 m5.7 m

Current Assets

15.1 m13.1 m11.8 m

PP&E

6.8 m8.6 m9.9 m

Goodwill

1.6 m1.8 m1.6 m

Total Assets

23.5 m23.5 m23.3 m

Accounts Payable

4 m2.3 m2.1 m

Current Liabilities

9.9 m9.3 m8.3 m

Retained Earnings

(395.9 k)(950 k)(1.5 m)

Total Equity

2.1 m1.6 m1.1 m

Financial Leverage

10.9 x14.5 x20.7 x
Numbers are in £, GBPFY, 2014FY, 2015FY, 2016

Cash From Operating Activities

1.9 m175.1 k538.5 k

Cash From Financing Activities

3.5 m(250.5 k)194.6 k

Income Taxes Paid

698.5 k143.9 k57.2 k
Numbers are in £, GBPY, 2016

Revenue/Employee

177.3 k

Financial Leverage

20.7 x

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