Integraheat Ltd

Integraheat Ltd from Chesterfield UK is a small, active company founded four years ago. With four employees and £687,445 in assets, it’s a solo-founder operation led by a single director and owner. The company imports optical and medical tools and devices regularly – three months of import activity were recorded – and exports machinery, boilers, and mechanical appliances, with nineteen months of export activity. It’s a real address, which is good.

Integraheat specializes in process heating and combustion solutions for industries like oil, gas, petrochemical, power generation, and refining. Its website highlights expertise in fired heater and combustion equipment, offering services from engineering design to aftermarket support. They even offer water bath heaters, direct fired heaters, and burner management systems. It’s a pretty diverse range of products and services.

Financially, Integraheat shows some interesting trends. Cash bank on hand dropped by 14%, falling to £100,000, while current assets increased by a significant 69%, reaching £690,000. Trade debtors surged by 100%, which could mean they’re extending credit to customers or experiencing payment delays. Equity also saw a substantial jump, increasing by 130% to £490,000. The number of employees, however, decreased by 50%, dropping to just two – a bit of a surprise. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is typical for a small company.

The decline in employee numbers, despite the increase in assets, is something to keep an eye on. Perhaps they’ve streamlined operations or outsourced some tasks. The increased trade debtors, while not necessarily a bad sign, could indicate a need to manage cash flow more closely. Overall, Integraheat seems to be navigating a period of change, with a solid foundation and a diverse range of services.

Registered in England/Wales under the registration number 12736173, with a registered address at S40 1LA, Chesterfield, 93-97 Saltergate.

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