Baxter Heat Pumps Ltd

Baxter Heat Pumps Ltd, based in Winchester, UK, is a small holding company with an active status, established seven years ago in 2017. Employing eight people and holding £158,681 in assets, it operates from a real address and is overseen by two directors and two owners. The company boasts a respectable Google rating of 4.0 based on 49 reviews. It’s an irregular importer of electrical machinery and equipment, with recent activity recorded just two months ago.

Baxter Heat Pumps Ltd specializes in servicing, maintaining, and repairing heat pumps – specifically Ground Source, Air Source, and Exhaust Air models – across the UK. The company’s website highlights its partnerships with Nibe and Stiebel Eltron, offering accredited service and maintenance. It even provides optional 24/7 remote monitoring via Nibe Uplink, allowing for proactive issue detection and remote adjustments. The website also showcases expertise in exhaust air heat pumps, air source heat pumps, and ground source heat pumps, offering detailed explanations of each technology. Customer testimonials praise the company’s responsiveness, expertise, and friendly service.

Financially, Baxter Heat Pumps Ltd presents a mixed picture. While cash bank on hand increased by 6.8% to £70,000, current assets have decreased by 10% to £160,000. Debtor amounts have fallen by 22% to £79,000, which could indicate improved collection practices. However, net assets have plummeted by 31% to £65,000, and bank borrowings have increased. The company’s small size – meeting two of three conditions for being considered small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) – allows for agility, but the decline in equity raises questions about its long-term financial health. The company is exempt from an audit, so the figures are unaudited. The decrease in the number of employees, from eight to five, may also be a factor.

Registered in England/Wales under the registration number 10921774, with a registered address at SO23 9EH, Winchester, Southgate Chambers, 37-39 Southgate Street.

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