Viessmann Limited

Viessmann Limited, based in Shropshire, UK, is a large holding company with an active status, established 36 years ago in 1988. The company employs 125 people and holds assets valued at £22,856,350. With two directors and one owner, it operates from a real address in Telford and boasts a strong 4.0-star rating on Google based on 109 reviews. Viessmann is a regular importer and exporter of machinery, boilers, and mechanical appliances, parts, with 714 months of import activity and 27 months of export activity recorded.

The company’s website showcases a wide range of heating and renewable energy solutions, including combi boilers, heat pumps, solar systems, and ventilation systems. It caters to both residential and commercial customers, offering products and services for new builds, renovations, and maintenance. The website is primarily a product showcase and information portal, not an e-commerce site—customers are directed to local installers for sales and support.

Financially, Viessmann Limited presents a mixed picture. While cash and cash equivalents increased by a substantial 19%, reaching £12 million, net assets only rose slightly to £14 million. Creditors decreased by 28%, to £9.9 million, suggesting improved debt management, but trade debtors increased significantly by 890%, reaching £5.5 million—a potential concern about customer payments. Bank borrowings also increased, reaching £29,000. The company’s turnover decreased by 23%, to £34 million, and net losses deepened to £27,000. The company’s small size (meeting two of three criteria for turnover under £36 million, assets under £18 million, and fewer than 250 employees) helps it stay agile, but the equity drop raises questions. The financial statements were audited by WR Partners, and the report states that the company’s functional and presentational currency is Pound Sterling.

Overall, Viessmann Limited appears to be navigating a challenging economic climate, maintaining its position as a key player in the heating and renewable energy sector, but facing pressures on profitability.

Registered in England/Wales under the registration number 02305071, with a registered address at TF1 7YP, Shropshire, Hortonwood 30, Telford.

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