Bn Thermic Ltd

Bn Thermic Ltd, based in Crawley, UK, is a small, family-owned business with an active status, celebrating 20 years since its founding in 2005. Employing 17 people, the company holds £3,476,680 in assets and operates from a real address. Four directors and two owners—Evans Richard and Evans Valerie Kathryn—lead the company, which regularly imports and exports electrical machinery and equipment.

The company’s website, salesbnthermic.co.uk, highlights its role as a UK manufacturer of commercial and industrial electric heaters. It operates a B2B model, selling primarily through electrical wholesalers and offering a free design service to contractors. The website showcases a wide range of products, including heaters, underfloor heating systems, and mirror demisters, catering to various applications like warehouses, churches, and sports halls. A purpose-built training centre further supports its business by offering expert-led courses.

Financially, Bn Thermic Ltd presents a mixed picture. While cash reserves increased by a healthy 25% to £1,700,000, net assets also rose by 16% to £2,000,000. However, creditors increased significantly by 25% to £1,500,000, and trade debtors grew by 21% to £990,000. This suggests a period of expansion, but also increased financial risk. Property, plant, and equipment saw a slight decrease, and depreciation charges remain consistent. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the rise in liabilities warrants careful monitoring. With no auditor mentioned, the financial statements are unaudited. Overall, Bn Thermic Ltd seems to be growing, but managing its increasing debt will be crucial for continued success.

Registered in England/Wales under the registration number 05399744, with a registered address at RH10 1TN, Crawley, West Sussex, 34 Stephenson Way, Three Bridges.

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