Rung Heating Supplies Limited

Rung Heating Supplies Ltd from Templecombe UK is a small, holding company with an active status, having been founded 57 years ago in 1968. The company employs 20 people and holds £4,156,340 in assets. It’s managed by two directors and owned by one individual, with a stellar Google rating of 5.0 based on three reviews. Rung Heating Supplies is an irregular importer of machinery, boilers, and mechanical appliances; parts, with its last import operation recorded in August 2024.

The company’s website details a specialist distributor to the heating, ventilation, and air-conditioning industries, boasting over 50 years of experience. They offer expert advice and supply a wide range of products, including biomass and CHP flues, stainless steel liners, and generator exhausts. They even provide design and planning services, and maintain a client list that includes major organizations like the NHS, Bank of England, and Tesco. The website also highlights recent expansions into Northern Ireland and the Republic of Ireland.

Financially, Rung Heating Supplies Ltd presents a mixed picture. Cash reserves have increased dramatically, jumping 260% to £1,200,000, which is a positive sign. However, current assets have also increased by 120% to £4,200,000. Trade creditors have increased by a substantial 63%, reaching £1,500,000, and bank borrowings have decreased slightly to £27,000. The company’s net losses deepened to -£23,000, and its cash reserves fell 30% to £28,000. The company is a small business, meeting two of three conditions for classification (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). The lack of an auditor mentioned likely means the company is exempt from an audit as a small company. The significant increase in creditors, while not necessarily alarming, suggests a need for careful cash flow management.

Registered in England/Wales under the registration number 00927976, with a registered address at BA8 0TG, Templecombe, Somerset, Unit 4a, Marsh Lane, Henstridge Trading Estate Henstridge.

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