Worldwide Heat Exchanger Services Limited

Worldwide Heat Exchanger Services Ltd, based in Iver, Buckinghamshire, is a small, active family business founded six years ago. With three employees and £406,204 in assets, the company operates from a real address and is managed by two directors and two owners. It’s a regular importer, specializing in machinery, boilers, and mechanical appliances—parts, with 41 months of import activity recorded.

The company’s website highlights its expertise in heat exchanger services, particularly for plate heat exchangers. It acts as an official UK distributor for SONFLOW AS of Denmark, offering design, sales, and after-sales support. The business also provides restoration and repair services, catering to industries like yacht maintenance and power generation. It’s clear they have a strong focus on technical expertise and customer service, with testimonials praising their responsiveness and professionalism.

Financially, Worldwide Heat Exchanger Services Ltd shows a mixed picture. Current assets increased by a substantial 130%, reaching £410,000, while net assets grew by 74% to £240,000. However, creditors surged by a staggering 270%, reaching £170,000, suggesting increased reliance on short-term financing. Trade debtors also rose significantly by 150%, potentially indicating challenges in collecting payments. Despite these pressures, cash reserves increased by 22%, sitting at £40,000. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the increase in liabilities warrants close monitoring. With no auditor mentioned, the figures are unaudited.

Overall, Worldwide Heat Exchanger Services Ltd appears to be growing, but managing its liabilities will be key to its long-term success. The company’s focus on specialized services and strong customer relationships positions it well within its niche market, but the financial data suggests a need for careful financial management.

Registered in England/Wales under the registration number 11396334, with a registered address at SL0 9AE, United Kingdom, Iver, Buckinghamshire, 2a Thorney Lane South.

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