Exheat Industrial Limited

Exheat Industrial Ltd, based in Norwich, UK, is a small holding company with an active status, celebrating 32 years since its founding in 1992. Employing 49 people, the company holds assets valued at £6,509,113. With four directors and two owners, and a real address shared by seven other companies, it operates as a regular importer and exporter of electrical machinery and equipment, with 181 months of import activity and 524 months of export activity recorded.

The company’s website, exheat.com, showcases a focus on hazardous area heating and controls, offering both standard products and custom-built solutions for a wide range of industries. It’s clear they aren't an e-commerce business, but rather a manufacturer and supplier, with a strong emphasis on certification and technical expertise. They serve industries ranging from paint solvent stores to aviation fuel test areas, providing heating solutions for diverse applications. News updates on the site highlight new product launches and seasonal promotions, indicating a proactive marketing approach.

Financially, Exheat Industrial Ltd presents a mixed picture. While current assets increased by 17% to £6,500,000, net assets grew by a more modest 13% to £5,200,000. Bank borrowings increased by 83%, reaching £2,300,000, and cash reserves declined by 33% to £1,100,000. Creditors increased by 36%, suggesting a need to manage short-term debt. 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 increase in borrowings warrants attention. The accounts are unaudited, as is common for small companies. The company's tax expense decreased by 75% which is unusual and should be investigated.

Registered in England/Wales under the registration number 02745590, 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.