Nationwide Heating And Cooling Limited

Nationwide Heating And Cooling Ltd from Cramlington UK is a small, holding company with an active status, having been founded fifteen years ago in 2010. Employing sixteen people and holding assets of £761,055, the company operates from a real address at 37 Atley Business Park. It’s overseen by three directors and owned by four individuals—though it's important to note that this ownership list isn't exhaustive. A solid Google rating of 4.0, based on 103 reviews, suggests a positive customer experience. The company is an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances, with its last import operation occurring one month ago. It operates within the plumbing, heat, and air-conditioning installation industries.

The company’s website, Nationwide Heating Group, showcases a range of boiler services, including repairs, breakdowns, and safety checks. It’s clearly geared towards a consumer audience, with a focus on reliability, performance, and safety. The site functions as an e-commerce platform, allowing customers to enquire about services and even book appointments online. It doesn’t appear to be selling products directly, but rather offering a range of service packages—a typical model for a heating and cooling business. The website also features a blog with helpful tips and advice, further establishing the company as an expert in the field.

Financially, Nationwide Heating And Cooling Ltd presents a mixed picture. While current assets remained relatively stable at £760,000, a significant drop in cash reserves—falling 37% to £87,000—raises a slight concern. Bank borrowings have increased considerably, reaching £29,000, which could indicate a need for additional funding. However, creditors have decreased by a substantial 42%, suggesting improved debt management. The company’s small size—meeting two of three criteria for being considered small—allows for agility, but the decrease in cash reserves warrants monitoring. The company is exempt from an audit, so the financial statements are unaudited.

The increase in average employees from sixteen to twenty—a 25% jump—could be a sign of growth, but also potentially increased operating costs. The significant rise in corporation tax payable—increasing by 380%—is a notable factor, and it's possible that this is linked to increased profitability, or perhaps a one-off tax adjustment. Overall, while the company appears to be operating successfully, the financial data suggests a period of change and potential challenges—though it’s difficult to say exactly what’s driving these trends without more detailed information.

Registered in England/Wales under the registration number 07249143, with a registered address at NE23 1WP, United Kingdom, Cramlington, Northumberland, 37 Atley Business Park.

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