Floor Heating Systems Limited

Floor Heating Systems Ltd, based in Nottingham, UK, is a small, family-run business with an active status. Established 24 years ago in March 2001, the company employs five people and holds assets totaling £1,043,506. With two directors and two owners, it operates from a real address at Fairway Court, Wigwam Lane Hucknall. The company regularly imports plastics and plastic products (three months of import activity) and exports electrical machinery and equipment (also three months of export activity).

Floor Heating Systems Ltd specializes in the retail sale of electrical household appliances, operating primarily through its website, which showcases a wide range of underfloor heating systems. The website highlights the company’s expertise in design, supply, and installation, catering to both DIY enthusiasts and professional builders. It even offers a design service and technical support, with a dedicated section for self-installation information. The company’s website also features case studies and a blog, demonstrating its commitment to customer education and showcasing successful projects.

Financially, Floor Heating Systems Ltd presents a mixed picture. While net assets increased by 13%, reaching £660,000, cash reserves remained relatively stable at £380,000. Creditors decreased slightly, suggesting improved debt management. However, bank borrowings increased by 2,400%, reaching £29,000—a significant jump that may indicate increased investment or operating expenses. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests it’s exempt from an audit as a small company.

The company’s increased borrowings and the decrease in trade debtors by 7.2% could be a cause for concern, but the overall trend points to a stable, albeit small, business. The company’s focus on underfloor heating systems, coupled with its online presence and technical support, positions it well within a growing market, but it’s important to keep an eye on its debt levels.

Registered in England/Wales under the registration number 04173185, with a registered address at NG15 7TA, Nottingham, Fairway Court, Wigwam Lane Hucknall.

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