Fischer Future Heat Uk Limited

Fischer Future Heat Uk Limited, based in London, is a large holding company with an active status, having been incorporated eighteen years ago in December 2006. The company employs sixty-three people and holds assets worth £27.7 million, generating an annual revenue of £20.1 million. While it has a registered address, it’s likely a virtual address as twenty-two companies share the same location. The business is managed by two directors and has one owner, boasting a strong 4.0-star rating from 1075 Google reviews. They regularly import electrical machinery and equipment (for fifty months) and export wood and wood products (for three months).

The company operates in the other retail sale not in stores, stalls or markets industries, offering a range of modern electric heating systems. Their website highlights products like electric heatcore radiators, electric boilers, and hybrid heating solutions, alongside water heating and air source heat pumps. They emphasize energy efficiency, wireless thermostat control, and a ten-year warranty on many products. Fischer Future Heat also provides installation services and promotes a “room-by-room” heating control system.

Financially, Fischer Future Heat Uk Limited has seen some notable shifts. Accrued liabilities decreased significantly, dropping from £1.6 million to £590,000—a 62% reduction. Depreciation on motor vehicles increased by 16%, while administrative expenses fell by 19%. Perhaps most striking is the surge in advances to directors, increasing from £450,000 to £1.2 million. Conversely, bank borrowings have disappeared entirely, and cash reserves have plummeted by 70%, dropping to £280,000. Creditors also decreased by nearly half. Turnover fell by 24%, down to £20 million, and the company reported a net loss.

Despite these challenges, Fischer Future Heat Uk Limited remains a sizable operation, meeting two of three criteria to be considered a large company. The company's focus on electric heating systems and commitment to energy efficiency positions it well within the growing market for sustainable heating solutions. The lack of an auditor mentioned suggests the company is exempt from external auditing, relying on internally generated financial data.

Registered in England/Wales under the registration number 06021954, with a registered address at W2 1AY, England, London, 5 Merchant Square.

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