Exheat Limited

Exheat Limited, based in Norwich, UK, is a sizable company with a 33-year history, currently employing 79 people and boasting assets of £17,372,046. As a holding company with an active status, it generates £12,244,152 in yearly revenue, operating from a real address and managed by six directors and two owners. The company has a solid 4.0 Google rating based on four reviews, and regularly imports and exports electrical machinery and equipment—86 months of import activity and 411 months of export activity recorded.

The company’s website highlights its expertise in designing and manufacturing hazardous area electric process heaters and control systems. Exheat caters to industries like oil, gas, and petrochemicals, offering a wide range of products including heaters, thermostats, and control systems, with a focus on IECEx, ATEX, and CSA certification. They also provide services like thermal imaging studies and computational flow analysis to optimise heater design. The website showcases a global reach, with products installed worldwide, and emphasizes UK manufacturing and efficiency.

Financially, Exheat Limited’s report shows some interesting trends. Accrued liabilities increased by 24% to £4.2 million, while administrative expenses rose by 18% to £4.4 million. Cash bank balances decreased by 6.1% to £2.8 million, and revenue increased by 27% to £12 million. However, net assets declined by 14% to £5.1 million, and net losses deepened, suggesting the company is burning through cash despite increased sales. The company’s turnover is high, but the drop in equity is a concern. While the company is not audited, the numbers suggest a period of expansion and investment, but also potential financial strain. The company’s workforce has slightly increased by 3.8%, indicating ongoing operations.

Registered in England/Wales under the registration number 02624818, 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.