Heating Electrical Supplies Ltd

Heating Electrical Supplies Ltd, based in Birmingham, UK, is a small, active company founded four years ago. It’s a solo venture with one director and one employee, holding £137,493 in assets. The company operates in the wholesale of hardware, plumbing and heating equipment and supplies, and is an irregular importer of machinery, boilers, and mechanical appliances, with its last import activity recorded one month ago in April 2022. It has a real address, with only two companies registered at the same location.

The company's website, accessed through Companies House, primarily functions as a government resource for finding and updating company information. It features standard disclaimers about cookies and data usage, and provides search functionality for UK companies. There's no indication of an e-commerce operation or direct sales to customers—the site is purely informational.

Financially, Heating Electrical Supplies Ltd presents a mixed picture. Cash bank on hand has decreased by 46% to £560, while debts to associates have increased significantly to £9,200. Creditors have remained stable at £140,000, but trade debtors have plummeted by a staggering 99% to just £200. Equity, however, has seen a substantial boost, rising 140% to £2,300. The company’s small size (meeting two of three conditions for a small company) helps it remain flexible, but the sharp decrease in trade debtors could signal issues with customer payments. The lack of an auditor mentioned suggests the company is exempt from an audit as a small entity.

Overall, Heating Electrical Supplies Ltd appears to be navigating a period of change. While the company’s equity position has improved, the decrease in trade debtors is concerning, and the company needs to ensure it's managing its cash flow effectively.

Registered in England/Wales under the registration number 12912331, with a registered address at B43 6QT, England, Birmingham, 266 Newton Road, Great Barr.

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