Underfloorheating1 Limited

Underfloorheating1 Ltd from Doncaster UK: a small, active company founded fifteen years ago in 2009, employs five people, and holds £495,706 in assets. It’s a real address with three directors, but surprisingly, no owners are reported – likely one of the directors holds the shares. The company regularly imports plastics and plastic products (21 months), and occasionally exports stone, plaster, cement, and similar materials (2 months).

The company operates in the plumbing, heat and air-conditioning installation, and retail sale via mail order houses or via internet industries. It’s a small business, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company’s website, underfloorheating1.co.uk, showcases a range of underfloor heating solutions, from single room kits starting at £276 to more premium options. It’s clearly an e-commerce operation, offering a wide selection of kits and accessories, and even providing free specification quotes. The site emphasizes expert-led service and competitive pricing, with a promise to beat any like-for-like quote.

Financially, Underfloorheating1 Ltd shows some concerning trends. Cash reserves have fallen significantly, dropping 56% to £55,000. Bank borrowings have also decreased, with current instruments down 42% to £9,600. While current assets are down 10% to £500,000, creditors have also decreased by 22% to £150,000. Trade debtors have increased by a substantial 170%, which could indicate challenges in collecting payments. The company’s net assets have also decreased slightly, down 2.2% to £340,000. The lack of an auditor mentioned suggests the company is exempt due to its size. Despite these pressures, the company's focus on expert service and competitive pricing positions it well in the underfloor heating market.

Registered in England/Wales under the registration number 06913096, with a registered address at DN6 8DD, Doncaster, South Yorkshire, Unit 11e Carcroft Enterprise Park, Carcroft.

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