Btu Europe Limited

Btu Europe Limited, based in Aldershot, UK, is a large holding company with an active status, having been founded 43 years ago in 1981. The company employs nine people and holds £2,123,115 in assets. Led by one director and one owner, it maintains a perfect 5.0 Google rating based on one review. Regular importer and exporter of electrical machinery and equipment, with 46 months of import activity and 74 months of export activity, the last operations both occurring in January 2025.

The company’s core business revolves around the installation of industrial machinery and equipment, a sector demanding precision and expertise. While a website isn't available, this suggests a business-to-business model rather than direct consumer sales. It's likely that BTU Europe Limited works directly with manufacturers and industrial clients, providing installation and maintenance services.

Financially, the picture is mixed. Current assets remained stable at £2,100,000, but cash reserves took a significant hit, dropping 53% to £620,000. Bank borrowings increased substantially, rising 590% to £970,000, which could indicate investment in equipment or expansion. Administrative expenses grew by 18% to £1,600,000, while staff costs increased 11% to £630,000, reflecting potential operational growth. Despite these increases, profits surged 100% to £1,100,000, a positive sign. However, deferred income decreased by 20%, which could impact future revenue. Creditors decreased by 46%, suggesting improved debt management. The company meets two of three criteria for a large company, with a turnover over £36 million, balance sheet total over £18 million, and employees over 250. The audit firm Azets Audit Services performed the audit, and the report was signed by Jack Tatschner ACA.

Overall, BTU Europe Limited appears to be navigating a period of growth and investment, though the increased borrowings and decreased cash reserves warrant close monitoring. The company’s strong profit performance suggests that its core business remains healthy, but the long-term sustainability of its financial strategy remains to be seen.

Registered in England/Wales under the registration number 01587124, with a registered address at GU12 5RT, Aldershot, Surrey, Unit 13 Station Road West, Ash Vale.

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