Cotswold Heating Solutions Ltd

Cotswold Heating Solutions Ltd, based in Stroud, UK, is a small, active family business founded six years ago. With eleven employees and £520,162 in assets, it’s a well-established operation boasting a perfect 5.0 Google rating from five reviews. The company regularly imports electrical machinery and equipment, with 16 months of import activity recorded. It has three directors and two owners, and operates from a real address at the Stroud Enterprise Centre.

The company’s website highlights its specialization in electric heating solutions, partnering with brands like RadTherm and Sunamp to offer energy-efficient radiators and thermal stores. It’s not primarily an e-commerce site, but rather a platform for showcasing products and services, emphasizing expert advice and bespoke installations. The website details a range of heating solutions, from bathroom radiators to zero-emission boilers, catering to both residential and commercial clients. It’s clear the company focuses on consultation and installation, rather than direct online sales.

Financially, Cotswold Heating Solutions Ltd presents a mixed picture. Cash bank on hand has fallen by 50% to £160,000, and net assets have decreased by 23% to £430,000. Current assets have also dropped by 23% to £520,000. However, trade debtors have increased by 19%, suggesting improved billing practices. 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 flexibility, but the decline in cash reserves is something to keep an eye on. Bank borrowings have also decreased by 31%, which is a positive sign. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

The company’s focus on expert advice and bespoke installations, combined with its strong Google rating, suggests a loyal customer base. However, the financial trends indicate a need to manage cash flow and potentially explore ways to increase revenue.

Registered in England/Wales under the registration number 11739284, with a registered address at GL5 3NL, England, Stroud, Units 8&9 Stroud Enterprise Centre, Bath Road.

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