Ppsl District Heating Ltd

Ppsl District Heating Ltd, based in Bolton, UK, is a small, active company founded twelve years ago in 2013. Employing just twelve people and holding £1,515,448 in assets, it operates from a real address at Deakins Business Park. With two directors and one owner, the company is an irregular importer of machinery, boilers, and mechanical appliances, with recent import activity recorded just one month ago. The company operates in the other construction installation industries.

The company’s website, while not actively selling products, provides a professional online presence. It’s unclear if the company operates an e-commerce site, but its focus appears to be on providing heating solutions—likely through installation and maintenance services.

Financially, Ppsl District Heating Ltd shows a mixed picture. Current assets increased by a significant 46% to £1,500,000, while net assets also rose by 13% to £890,000. However, trade debtors have increased dramatically, ballooning by 220% to £680,000—suggesting a potential issue with collecting payments. Creditors also rose considerably, increasing by 160% to £660,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debtors could be a concern. No auditor is mentioned, which is typical for companies of this size and exempt from an audit.

Overall, Ppsl District Heating Ltd appears to be growing, but needs to keep a close eye on its receivables to ensure financial health. The company’s focus on heating solutions and its established presence in the industry suggest a stable foundation, but managing cash flow will be crucial for continued success.

Registered in England/Wales under the registration number 08359510, with a registered address at BL7 9RP, England, Bolton, A7 (Rear) Ashworth House, Suites 1&3 Deakins Business Park, Blackburn Road.

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