Rainbow Heat & Power Limited

Rainbow Heat & Power Ltd, based in Tiverton, UK, is a small, active company founded eleven years ago in 2013. With four employees and £235,224 in assets, it’s a solo-founded operation managed by four directors and one owner, Traill Gordon Robert. The company operates in the plumbing, heat, and air-conditioning installation industries, serving both domestic and commercial clients. It’s an irregular importer, primarily dealing in electrical machinery and equipment, with its last import activity recorded just one month ago in October 2024.

The company’s website highlights its expertise in biomass heating solutions, distributing and installing systems from Sommerauer and Effecta. It caters to agricultural and domestic markets, offering design, supply, installation, and maintenance services. The website also features case studies, blog posts, and a focus on the Renewable Heat Incentive (RHI) scheme, emphasizing cost savings and reduced carbon emissions. A free site survey is offered to potential clients, showcasing a customer-centric approach.

Financially, Rainbow Heat & Power Ltd presents a mixed picture. Current assets rose by 20% to £280,000, while net assets remained relatively stable at £22,000. Bank borrowings increased by 49%, reaching £8,100, and cash reserves decreased by 52% to £3,900. Creditors rose by 36%, reaching £36,000, and trade debtors decreased by 9.6% to £160,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no auditor mentioned, likely due to its small size and exemption from audit requirements.

Overall, Rainbow Heat & Power Ltd appears to be navigating a period of change. While asset growth is positive, the increase in borrowings and decrease in cash reserves suggest a need for careful financial management. The company's focus on renewable energy and customer service positions it well for the future, but sustaining growth will depend on effective cost control and a continued focus on its niche market.

Registered in England/Wales under the registration number 08573596, with a registered address at EX16 6TG, England, Tiverton, Devon, Pyramid House Tiverton Way, Tiverton Business Park.

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