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Future Heat & Power Distribution Ltd

12369013

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

UNIT 2 PORTOBELLO TRADE PARK, BIRTLEY, DH3 2SB
Incorporated 18/12/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Mr Gareth David Adams

director · Since 03/03/2020

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 44

Also on 4 other boards

Former

Mr Sean Anthony Langston

director · Resigned 18/08/2026

Mr Simon Mann

director · Resigned 18/08/2026

Mr Christopher Bruce

director · Resigned 18/08/2026

Persons with Significant Control

Future Group Ne Ltd

75–100% shares

Unit 9, Portobello Road, Chester Le Street, DH3 2RY

Reg: 13057261 · England & Wales · Limited Company

Notified 31/12/2020

Former PSCs

Mr Ellis Robertshaw

Ceased 31/12/2020

Charges1 outstanding

A registered charge
satisfied

BIBBY FINANCIAL SERVICES LIMITED

Created 25/07/2025Registered 24/06/2026Satisfied 24/06/2026
Charge
outstanding

BIBBY FINANCIAL SERVICES LIMITED

Created 25/07/2025Registered 28/07/2025

CompanyRankvs 5360+ SIC 43220 peers
63

Financial strength97th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.09× · 12/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 pts

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

Liquidity12/20 pts

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

Longevity7/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/12/2024

Net Worth

£592k

Balance sheet strength

Cash

£216k

Cash in the bank

Net Current Assets

£419k

Working capital

Current Assets

£5.2M

Current Liabilities

£4.8M

Fixed Assets

£395k

Debtors

£4.3M

13avg. employees+5

Balance Sheet

Intangible assets£10k
Assets less current liabilities£814k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20241.09+£163k
20231.22

Derived from filed accounts. Not audited figures.