Swale Heating Limited

Swale Heating Ltd, based in London, UK, is a sizable company with a long history, having been established 52 years ago in 1972. Currently employing 359 people, the company holds assets worth £13,651,693 and operates as a holding company with an active status. It’s governed by seven directors and owned by one individual, and has a Google rating of 3.0 based on 1413 reviews. The company is an irregular exporter, primarily dealing in optical and medical tools and devices, with just one month of export activity recorded in 2019.

Swale Heating specializes in plumbing, heat, and air-conditioning installation, offering a range of services from new boiler installations to renewable energy solutions. Its website highlights a customer-centric approach, with options for online payments, repairs, and a focus on renewable heating options. The company also actively engages with social housing providers and commercial clients, showcasing case studies and FAQs on its website.

Financially, Swale Heating demonstrates a mixed picture. While net assets increased by 16% to £3.1 million, cash bank on hand declined significantly by 32% to £1.4 million. Director remuneration increased by 18% to £750,000, suggesting increased investment in leadership. Trade creditors decreased by 17%, which is a positive sign for managing debt. Despite the growth in administrative expenses by 3.2%, the company’s turnover increased by 6.7% to £37 million. The company's auditor is Azets Audit Services.

The company's size, meeting two of three criteria for a large company, suggests it's a well-established player in the heating and air-conditioning industry. The decrease in cash reserves, however, may indicate increased investment or a temporary cash flow challenge. The company’s irregular export activity suggests a focus on the domestic market, but it’s possible that international expansion is a future goal.

Registered in England/Wales under the registration number 01076034, with a registered address at WC1A 2AJ, England, London, England, Norfolk House, 13 Southampton Place.

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