Mikuni Heating (uk) Limited

Mikuni Heating (uk) Limited, based in Millbrook Southampton, is a small, active company established 24 years ago. With four employees and £1,016,610 in assets, it’s a well-established player in the heating sector. The company, led by a solo founder, Elliott Stephen Armstrong, maintains a perfect 5.0 Google rating from seven reviews. It regularly imports and exports electrical machinery and equipment – 37 months of import activity and 10 months of export activity, with the latest export operation made in January 2025.

The company’s website, MV Heating, specializes in marine and vehicle heating solutions. It offers a wide range of heaters, ducting kits, and accessories for boats, vehicles, cranes, and more. The website showcases a comprehensive selection of products, including water heaters, air heaters, and combination units, catering to both marine and automotive applications. It's clear that MV Heating operates primarily as an e-commerce business, with a focus on online sales and customer support.

Financially, Mikuni Heating (uk) Limited shows a mixed picture. While cash reserves have impressively increased by 88% to £210,000, other areas present challenges. Net assets have seen a significant boost, jumping 49% to £500,000, however, bank borrowings have decreased by -52% to £9,200. Trade debtors have fallen by -14% to £410,000, suggesting better collection of payments. 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 agility, but the sharp increase in other creditors raises questions. The company is exempt from an audit, so the figures are unaudited.

Overall, Mikuni Heating (uk) Limited appears to be a stable, albeit lean, operation. The company’s strong online presence and positive customer reviews suggest a successful e-commerce model, but the financial data indicates a need for careful management of expenses and creditors.

Registered in England/Wales under the registration number 04148231, with a registered address at SO15 0LP, Millbrook Southampton, Hampshire, Unit 6, Second Avenue Business Park.

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