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Heat Solutions (N.E.) Limited

08504708

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

189 VINE STREET, WALLSEND, NE28 6JB
Incorporated 25/04/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

99999
Dormant company

Officers

Mr James Mciver

director · Since 25/04/2013

ELECTRICAL CONTRACTOR

BRITISH · UNITED KINGDOM · Age 45

Also on 6 other boards

Persons with Significant Control

Mr James Mciver

Significant control

British · United Kingdom · Age 45

189, Vine Street, Wallsend, NE28 6JB

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

HSBC BANK PLC

Created 30/05/2017Registered 06/06/2017

CompanyRankvs 3474+ SIC 99999 peers
46

Financial strength100th percentile among SIC peers · 25/25
Employees89th percentile among SIC peers · 13/15
LiquidityNo balance sheet data · 0/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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3474Heat Solutions (N.E.) Limited
66
How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity0/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to g

Key FinancialsYear ending 31/03/2025

Net Worth

£8.9M

Balance sheet strength

Cash

£734k

Cash in the bank

Profit Before Tax

£4.3M

Bottom line earnings

Net Current Assets

£1

Working capital

Current Assets

—

Current Liabilities

£0

Fixed Assets

£250

Debtors

£11.8M

Cost of Sales

£11.6M

Admin Expenses

£5.1M

Profit After Tax

£3.2M

1avg. employees

Tax at Year End

Corp tax£1.4M
Dividends paid-£65k

People Costs

Wages & salaries£3.1M

Balance Sheet

Intangible assets£0
Bank loans & overdrafts£891k
Assets less current liabilities£251
Prepared with CCH Software

EstimatesDerived

YearImplied Profit
2025+£0

Derived from filed accounts. Not audited figures.