Luxusheat Ltd

Luxusheat Ltd, based in Leicester, UK, is a small, active company founded ten years ago. With eleven employees and £949,231 in assets, it’s a well-established player in its niche. The company boasts a perfect 5.0 Google rating from six reviews, a testament to its customer service. It’s run by three directors and one owner, Dale James, and operates from a real address. Luxusheat is a regular importer, specializing in plastics and plastic products, with 54 months of import activity recorded, the latest in February 2025.

The company’s website reveals a focus on underfloor heating solutions. It’s not an e-commerce site in the traditional sense; rather, it functions as a detailed resource and sales platform for heating components and systems. Luxusheat offers a range of products, including UFH pipe, air and water temperature controls, and even pre-insulated microflex pipe. It caters to both domestic and commercial projects, emphasizing quality European components and offering installation guidance. The site also features a downloadable resource centre with price lists, datasheets, and videos. It’s a comprehensive platform for professionals in the plumbing and heating industry.

Financially, Luxusheat Ltd presents a mixed picture. While current assets decreased by 19% to £950,000, cash reserves have plummeted 56% to just £140,000 – a significant drop. Bank borrowings are also up, and trade debtors have fallen. The company’s average number of employees, however, has increased by 45% to sixteen, suggesting growth in operational activity. Creditors decreased by 30%, which is a positive sign. As a small company meeting two of three criteria (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), it benefits from simplified reporting requirements, with no auditor mentioned. The sharp decline in cash reserves, however, warrants closer attention. It's a bit concerning, really.

Registered in England/Wales under the registration number 09414473, with a registered address at LE9 6TW, England, Leicester, 15 Stanier Road, Broughton Astley.

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