Loco2 Heat Limited

Loco2 Heat Ltd, based in Tiverton, UK, is a small, active company founded eleven years ago in 2013. Employing just three people, the business holds £591,591 in assets and operates from a real address within the Tiverton Business Park. With three directors and a single owner, it’s a relatively compact operation, running an e-commerce site and boasting a stellar 5.0 Google rating from fifteen reviews. The company is a regular importer, specializing in copper and copper products, with nineteen months of import activity recorded, the latest in February 2025.

The company’s website positions itself as a specialist supplier for commercial plumbing, district heating, and biomass spares. It caters to a niche market, offering a wide range of products from pre-insulated pipe to heat pumps and electrostatic filters. The site emphasizes technical knowledge, competitive pricing, and expert advice—hallmarks of a customer-focused business. It even has a blog, which is a nice touch.

Financially, Loco2 Heat Ltd shows a mixed bag. Cash reserves increased by 34% to £150,000, which is good news, but net assets only increased slightly to £13,000. Bank borrowings decreased by 37% to £17,000, which is also positive. However, trade debtors decreased by 29%, which could indicate some difficulties collecting payments. Creditors decreased by 15%, which is a good sign. 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 nimble, but the decrease in debtors is something to keep an eye on. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Loco2 Heat Ltd appears to be holding its own, but the financial picture suggests it's navigating some challenges. Its focus on a specialized market and commitment to customer service should help it weather any storms, but it’s important to monitor those debtors closely.

Registered in England/Wales under the registration number 08757326, with a registered address at EX16 6TG, England, Tiverton, Devon, Pyramid House Tiverton Way, Tiverton Business Park.

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