Exheat Group Limited

Exheat Group Limited, based in Norwich, UK, is a holding company with an active status, established eleven years ago in 2014. The company employs 27 people and holds assets totaling £7,494,221. It has five directors, one owner (though this list may not be exhaustive), and maintains a Google rating of 4.0 based on four reviews. The company is an irregular exporter, primarily dealing in electrical machinery and equipment, with its last export operation occurring one month ago in July 2022.

Exheat Group Limited operates as a designer and manufacturer of electric process heating and control systems, with a particular focus on hazardous area locations. Their website highlights a wide range of products, including heaters, thermostats, and control systems, alongside services like thermal imaging and computational flow analysis. They also offer engineered heating systems and standard industrial heaters, catering to industries like oil, gas, and petrochemicals. The company's website also references sister companies like Roomfoss Control Systems and Ex Services (UK) Limited, suggesting a broader group of related businesses.

Financially, Exheat Group Limited shows a mixed picture. Cash bank holdings have significantly decreased by 69%, dropping to £210,000. However, current assets have increased by 10%, reaching £7,500,000. Trade debtors have also risen considerably, increasing by 19% to £7,300,000. Equity, however, has taken a hit, decreasing by 20% to £11,000,000. While the company’s creditors have increased by 5%, this may reflect increased operational costs associated with maintaining its manufacturing and export activities. The decrease in cash reserves could be a result of increased investment in the business, or potentially, a sign of tighter cash flow management. Larking Gowen LLP performed the audit, and the report was signed off on November 20, 2024. The company’s small size and focus on specialized heating solutions suggest a niche market strategy, but the decline in equity warrants close monitoring.

Registered in England/Wales under the registration number 08835557, with a registered address at NR3 1GS, Norwich, Norfolk, 17 Old Millers Wharf, Fishergate.

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