Mad Heaters Ltd

Mad Heaters Ltd, based in Sutton Coldfield, UK, is a small, active company founded four years ago in December 2020. With £261,314 in assets and a virtual address shared by thirty-seven other companies, it’s a solo-founder operation led by one director and owner. The company operates an e-commerce site specializing in retail sales via mail order and internet, and regularly imports and exports machinery, boilers, and mechanical appliances, with parts.

The website, Mad Heaters, is focused on selling vaping accessories, particularly the Tempest Reload and Dynavap products. It highlights factory-second sales and offers a range of accessories, including an all-in-one storage solution and a cooling magnet compatible with various devices. The site also features a forum for customers and emphasizes quality British craftsmanship.

Financially, Mad Heaters Ltd presents a mixed picture. Cash bank on hand dropped significantly by 45%, falling to £45,000, while creditors increased by 22%, reaching £120,000. However, current assets saw a substantial jump of 99%, reaching £260,000, and equity soared by 310%, reaching £140,000. 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 remain nimble, but the rise in creditors could indicate a need for better cash flow management. No auditor is mentioned, as is common for small companies. The increase in equity, however, suggests a positive injection of capital, possibly from the solo founder.

Registered in England/Wales under the registration number 13095599, with a registered address at B75 5BY, England, Sutton Coldfield, West Midlands, St James House, 65 Mere Green Road.

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