Dext Heat Recovery Limited

Dext Heat Recovery Ltd from Barrowford UK: a small, active company founded 15 years ago, employs six people, and holds £644,803 in assets. With four directors and one owner, it’s a well-structured operation. The company regularly imports machinery, boilers, and mechanical appliances, with parts imported for 10 months, the latest being January 2025.

The company operates in the plumbing, heat, and air-conditioning installation industries. Its website, while not detailed, suggests a focus on heat recovery solutions and potentially related services. It's not clear if the company has an e-commerce presence, but it’s likely focused on business-to-business sales.

Financially, Dext Heat Recovery Ltd presents a mixed picture. Current assets increased by 23%, reaching £640,000, while net assets grew by 20% to £390,000. However, bank borrowings remained stable at £10,000. Cash reserves decreased by 20%, sitting at £200,000. Trade debtors increased significantly by 57%, reaching £120,000, which could indicate increased sales but also potential collection challenges. Creditors decreased by 14%, suggesting better debt management. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increased debtors need to be monitored. No auditor is mentioned, likely due to the company’s exemption as a small company.

The company’s growth in assets and net assets is a positive sign, but the increase in trade debtors warrants attention. The stable bank borrowings suggest responsible financial management. Overall, Dext Heat Recovery Ltd seems to be a stable, small company, but keeping an eye on the collection of outstanding debts is important.

Registered in England/Wales under the registration number 07108567, with a registered address at BB9 6RA, Barrowford, Lancashire, Unit 2 Fulshawhead Farm, Pasture Lane.

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