Eltherm Uk Limited

Eltherm UK Ltd, based in Newbury, UK, is a small, active company established 47 years ago in 1978. With eight employees and £755,306 in assets, it operates from a virtual address – a detail highlighted by the fact that 133 companies are registered at the same location. The company is led by two directors, although no owners are officially listed, likely due to shareholding structures. It boasts a stellar 5.0 Google rating based on one review. Eltherm UK Ltd is a regular importer and exporter of electrical machinery and equipment, with 39 months of import activity and 12 months of export activity recorded, the latest operations taking place in January 2025 and November 2024 respectively.

The company's website reveals a specialized focus: providing electric heat tracing solutions. Eltherm doesn’t appear to be an e-commerce operation, instead functioning as a B2B supplier offering expertise and custom solutions for a wide range of industries, including building services, chemistry, infrastructure, and oil & gas. The website details applications like pipe heating, tank container heating, and even rail switch point heating, showcasing a technical and engineering-driven business model. They operate globally, with offices and representatives spanning Europe, North America, and Asia.

Financially, Eltherm UK Ltd presents a mixed picture. While assets remain at £755,306, there’s been a notable shift. Cash reserves have decreased by 41% to £180,000, and net assets have fallen by 49% to -£430,000. Creditors have also decreased by 47%, suggesting better management of short-term liabilities. Bank borrowings have dropped significantly, a positive sign. The company’s small size—meeting two of three criteria for being a small company—helps it maintain agility. No auditor is mentioned, likely due to its small company status. The decrease in equity is a cause for some concern, and the reliance on unaudited accounts means a deeper dive into the underlying operations would be needed to fully understand the situation.

Overall, Eltherm UK Ltd appears to be a well-established, specialized supplier navigating a challenging financial landscape. The company’s technical expertise and global reach are strengths, but the declining equity and reliance on unaudited figures warrant close monitoring.

Registered in England/Wales under the registration number 01361204, with a registered address at RG19 6AB, England, Newbury, Berkshire, 2 Communications Road, Greenham Business Park.

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