Abercorn Heating Limited

Abercorn Heating Ltd, based in Paisley, UK, is a small, active company established 18 years ago. With seven employees and £311,014 in assets, it operates from a real address and is overseen by three directors and two owners. The company is an irregular importer and exporter of iron or steel products, with recent activity recorded in April 2024. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

Abercorn Heating specializes in the installation of industrial machinery and equipment, offering a range of heating solutions including warm air, radiant, heat pump, and biofuel systems. Its website highlights expertise in commercial, industrial, and domestic heating applications, emphasizing cost-effective systems and eco-friendly initiatives. The company partners with manufacturers like Reznor UK, AmbiRad, and Powrmatic, and offers services like installation, servicing, and biomass solutions. It also provides free site surveys and system designs.

Financially, Abercorn Heating Ltd presents a mixed picture. Accumulated depreciation on motor vehicles decreased significantly by 43%, while cash bank on hand plummeted 98% to just £490. Trade debtors increased by 39%, suggesting a reliance on customer payments, and creditors rose 14%, indicating increased short-term liabilities. Loans from directors, however, saw a dramatic increase of 190%. The company’s net assets are reported as £950. While the company is small and agile, the decrease in cash reserves and the rise in liabilities raise questions about its financial health. No auditor is mentioned, consistent with its status as a small, exempt company.

Registered in Scotland under the registration number SC317133, with a registered address at PA3 4AT, Scotland, Paisley, Unit A, 107 Abercorn Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.