Theoheat Ltd

Theoheat Ltd, based in Hereford, UK, is a small, family-run business with an active status. Founded five years ago in 2019, it employs just three people and holds £204,075 in assets. Operating from a virtual address—where sixteen other companies are registered—the company is led by two directors and two owners, Harris Amy and Harris Mark. Theoheat Ltd boasts a perfect 5.0 Google rating based on a single review, and it’s a regular importer of optical and medical tools and devices, with five months of import activity recorded as of March 2025.

The company’s website, though not providing detailed information, indicates a retail focus on electrical household appliances, specifically targeting specialised stores. It’s a fairly niche operation, and it’s clear that the company is trying to carve out a place in the market.

Financially, Theoheat Ltd’s report presents a mixed picture. While current assets increased by 67% to £200,000, net assets remained relatively unchanged at £3,300. Bank borrowings saw a dramatic increase, rising by 1,000% to £27,000, while cash reserves plummeted 99% to a mere £52. Creditors also increased significantly, rising by 69% to £200,000. Trade debtors increased by 77%, which could be a sign of increased sales, or it could indicate difficulties in collecting payments. The company’s small size—meeting two of three criteria for a small company—helps it maintain flexibility, but the sharp decline in cash reserves is concerning. There is no auditor mentioned, which is likely due to the company’s exemption as a small business.

Overall, Theoheat Ltd seems to be facing some financial headwinds. While sales appear to be growing, the company is burning through cash at an alarming rate. Whether it can turn things around remains to be seen, but its family-run nature and niche focus could be key to its survival.

Registered in England/Wales under the registration number 12233996, with a registered address at HR1 2LL, United Kingdom, Hereford, Herefordshire, Hereford House, 3 Offa Street.

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