Clivet Group Uk Limited

Clivet Group Uk Ltd, based in Portsmouth, UK, is a small, active company established 23 years ago. Employing 24 people and holding £2,795,737 in assets, it’s a regular importer of machinery, boilers, and mechanical appliances—a trade it’s been engaged in for 145 months. The company operates with two directors and, curiously, no reported owners, which is something to keep an eye on. It boasts a respectable Google rating of 4.0 based on three reviews.

The company’s website paints a picture of a business focused on natural climate solutions. Clivet S.p.A., the parent company, offers a range of products from commercial and industrial solutions to home automation and even offers support for installers and agencies. The site highlights energy-efficient heat pumps, split systems, and even a "Smart Home" project aimed at creating accessible living spaces for people with disabilities. They’re also actively involved in industry events, like Heat Pump Technologies, and emphasize sustainability initiatives, including partnerships for youth education.

Financially, Clivet Group Uk Ltd shows a mixed bag. Current assets have increased by 26% to £2,800,000, while net assets have decreased by 82% to -£1,200,000. Bank borrowings have increased by 38% to £3,200,000, and cash reserves have increased by 4.9% to £510,000. Trade debtors have increased significantly by 140% to £2,000,000, suggesting a possible shift in payment terms or increased sales on credit. Creditors have also risen by 38% to £4,000,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the sharp equity decline warrants closer scrutiny. The unaudited accounts, coupled with the lack of a named auditor, mean these figures should be viewed with a degree of caution. Overall, Clivet Group Uk Ltd appears to be growing its business, but managing its debt is a key priority.

Registered in England/Wales under the registration number 04268275, with a registered address at PO6 1TG, England, Portsmouth, Hampshire, Unit F5 + F6 Railway Triangle Industrial Estate, Walton Road.

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