Freedom Heat Pumps Limited

Freedom Heat Pumps Ltd, based in Birchwood, UK, is a large, holding company with an active status. Founded fourteen years ago in 2010, the company employs thirty people and holds assets worth £3,764,095. While it has four directors and one owner, the registered address is a virtual one, with thirty-five other companies registered at the same location. It has a Google rating of 2.0 based on just three reviews. The company is an irregular importer of electrical machinery and equipment, with only one month of imports recorded in May 01, 023.

The company's website positions it as the UK's leading distributor and supplier of heat pumps to the trade, catering to installers, merchants, and developers. It offers a comprehensive range of air source and ground source heat pump equipment, alongside technical support and training. The site highlights a focus on sales, service, and success, and features articles on topics like the Boiler Upgrade Scheme and accreditation. They even have a blog.

Financially, Freedom Heat Pumps Ltd has experienced some shifts. Administrative expenses decreased by 17%, which is good, but cash bank on hand dropped significantly by 73%, falling to £330,000. Current assets, however, rose by 9%, reaching £3,800,000. Debtor’s increased substantially by 88%, suggesting a need to manage customer payments. The company’s net assets increased by 21% to £1,900,000, but profit loss decreased by 62%, dropping to £330,000. The company is not audited, so these numbers are unaudited. The decrease in profit, despite rising assets, could indicate increased costs or challenges in converting sales into profit. The company’s reliance on a virtual address and the lack of a detailed breakdown of its operations raise questions about its long-term sustainability, but its focus on a growing market—heat pumps—suggests potential for future growth.

Registered in England/Wales under the registration number 07283594, with a registered address at WA3 6GR, United Kingdom, Birchwood, 1st Floor Allday House, Warrington Road.

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