Original Heating Limited

Original Heating Limited, based in Londonderry, UK, is a small, active company founded twelve years ago. With five employees and £394,468 in assets, it operates from a real address and is overseen by one director and two owners. The company is an irregular importer, primarily dealing with ceramic products, with just one month of imports recorded as of December 2022.

The company’s website showcases a focus on biomass heating solutions, exhibiting a range of KWB boilers and serving both domestic and commercial clients. It features news and case studies, demonstrating its involvement in renewable energy initiatives and partnerships, including exhibits at industry events. The website also highlights regional support and accreditation, reinforcing its commitment to quality and service.

Financially, Original Heating Limited’s performance shows mixed signals. Current assets decreased by 5.4% to £390,000, while net assets fell 7.2% to £400,000. Bank borrowings increased by 100% to £10,000, and cash reserves dropped 13% to £81,000. Trade debtors decreased by 12%, suggesting better management of customer payments. The company’s small size (meeting two of three conditions for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees) allows for agility, but the decline in equity raises questions. As a small company, it's exempt from an audit, so the figures are unaudited.

Overall, Original Heating Limited seems to be navigating a period of change, with a focus on biomass heating solutions and a need to manage its financial resources effectively.

Registered in Northern Ireland under the registration number NI615085, with a registered address at BT48 8JE, Londonderry, County Londonderry, 67 Culmore Road.

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