Heatherose Limited

Heatherose Ltd from Sleaford UK: a small, family-run holding company with an active status, was founded 55 years ago in 1969. The company employs 14 people and holds £1,283,364 in assets, though its registered address is probably virtual, as eighteen companies share the same location. It’s led by five directors and owned by three individuals. Heatherose is a regular importer of electrical machinery and equipment (23 months imported), but only an irregular exporter of optical and medical tools and devices (2 months exported).

The company operates as a Netbiter Solution Provider, selling and supporting remote monitoring systems. Its website showcases a range of products, including gateways, extenders, and servers, and even includes a web shop for online purchases. A recent news flash highlights the launch of this web shop, offering next-day delivery for Netbiter products. The company also provides solutions for supermarkets, controlling heat pumps and saving energy. The website also mentions a web shop, and a perfect 5.0 Google rating from eight reviews.

Financially, Heatherose Ltd demonstrates some positive trends, but also areas for concern. Cash reserves have increased significantly by 120%, reaching £330,000, while current assets have grown by 3% to £1,300,000. However, net assets have increased by 14% to £860,000, and trade debtors have decreased by 20% to £680,000. Bank borrowings have decreased by 62%, reaching £17,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile. With no auditor mentioned, the figures rely on unaudited statements.

Overall, Heatherose Ltd appears to be a stable, family-owned business, though the decrease in trade debtors suggests a need to monitor customer payments. The company’s focus on remote monitoring solutions and its online presence suggest a modern, adaptable approach to business.

Registered in England/Wales under the registration number 00964988, with a registered address at NG34 7BZ, Sleaford, Lincolnshire, Northgate House, Northgate.

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