Hrs Hevac Limited

Hrs Hevac Limited, based in Watford, UK, is a small holding company with an active status, established 27 years ago. The company, with five employees and £1,029,725 in assets, operates from a real address and is overseen by four directors and one owner. It regularly imports and exports machinery, boilers, and mechanical appliances, including parts – 19 months of imports and 6 months of exports recorded.

The company’s website reveals a complex operation focused on heat transfer solutions. It’s not a straightforward e-commerce site; instead, it functions as a resource hub and marketing platform for HRS Heat Exchangers, a global provider of heat transfer systems. The site details a wide range of products, from double-tube heat exchangers to scraped surface heat exchangers, catering to diverse industries like environmental, food, pharmaceutical, and industrial sectors. It also showcases case studies, news, and events, highlighting the company’s expertise and global reach. The website’s structure suggests a B2B model, targeting industrial clients rather than individual consumers.

Financially, Hrs Hevac Limited presents a mixed picture. Current assets decreased by 4.5% to £1,000,000, while net assets remained stable at £630,000. Bank borrowings declined by 3.5% to £980,000, and cash reserves fell by 32% to £4,200. Creditors remained relatively unchanged. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in cash reserves warrants attention. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

It seems Hrs Hevac Limited is navigating a period of financial adjustment, supporting a larger global operation. The company’s focus on heat transfer technology and its extensive product range suggest a solid foundation for future growth, though careful management of cash flow will be crucial.

Registered in England/Wales under the registration number 03401820, with a registered address at WD18 8AJ, England, Watford, Hertfordshire, 3 Abloy House, Hatters Lane.

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