Novatherm Ltd

Novatherm Ltd, based in Alderley Edge, UK, is a small holding company with an active status, established four years ago. The company employs five people and holds £609,230 in assets. With three directors and two owners, it maintains a perfect 5.0 Google rating based on 18 reviews. Novatherm is an irregular importer, primarily dealing with machinery, boilers, and mechanical appliances, with recent imports occurring in October 2024. The company operates in the wholesale of hardware, plumbing, and heating equipment and supplies.

The company’s website showcases a focus on underfloor heating products, positioning itself as a supplier of premium solutions. The team boasts over 50 years of combined experience in the plumbing and heating sector, aiming to provide high-quality products and services with a focus on sustainability. A key offering is ThermaSkirt, a skirting board that heats homes, compatible with various heating systems. The website also includes installation videos and a trade account application.

Financially, Novatherm Ltd exhibits a mixed picture. Cash reserves have impressively increased by 330% to £180,000, a positive sign of improved liquidity. However, accrued liabilities have risen significantly, increasing by 260% to £7,300. Bank borrowings have remained stable, at £8,300. Creditors have increased by 44% to £460,000, and trade debtors have decreased by 7.7% to £240,000. The company’s small size—meeting two of three criteria for being a small company—helps it remain flexible. While no auditor is mentioned, likely due to exemption, the unaudited statements provide a snapshot of the company’s current standing. The increase in liabilities, however, warrants attention, suggesting potential pressures on cash flow.

Registered in England/Wales under the registration number 12880752, with a registered address at SK9 7SF, England, Alderley Edge, 86 Knutsford Road.

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