Heatcatcher Ltd

Heatcatcher Ltd from Polegate UK: a small, active company founded fifteen years ago, employs just two people, and holds £934,565 in assets. It operates from a virtual address, managed by two directors and two owners. The company is an irregular importer of machinery, boilers, and mechanical appliances; parts, with its last import operation recorded one month ago in March 2022.

Heatcatcher Ltd specializes in waste heat recovery, supporting businesses on their decarbonization journey. Its website highlights expertise in quantifying recoverable heat and converting it into valuable resources like hot water or electricity. The company works with industries like manufacturing, offering solutions like high-temperature heat pumps and organic rankine cycle technology. A case study with Pilkington Technology Management Ltd showcases a successful application for industrial heat recovery funding.

Financially, Heatcatcher Ltd presents a mixed picture. While current assets increased significantly by 210% to £930,000, net assets decreased by 36% to -£300,000, indicating a reliance on debt financing. Bank borrowings decreased by 32% to £21,000, and creditors increased by 190% to £710,000. The company’s employee count doubled to four, suggesting growth in operational capacity. Despite being exempt from an audit as a small company, the figures show a company that is growing but also facing financial pressure. The company’s assets are considerable, but the negative equity suggests a need to manage its liabilities carefully.

Registered in England/Wales under the registration number 06974795, with a registered address at BN26 6TY, England, Polegate, East Sussex, Windover The Street, Selmeston.

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