Alternative Heat Limited
- Active
- Large
- 21 years
- 2 employees
- £21,626,956 (cur assets)
- 54m+
- Regular importer
- Irregular exporter
- Real address
- 5 directors
- No owners
- Banbridge
- Rating 4.0 (25)
Two conditions of three:
1.Turnover > £36 million
2.Balance sheet total > £18 million
3.Average number of employees > 250
Field of Operation
Website
Summary
Alternative Heat Ltd, based in Banbridge, UK, is a large, holding company with an active status, celebrating 20 years in business. Employing 150 people, the company holds assets totaling £19,194,281 and operates from a real address, overseen by five directors and a single owner. Google users rate it 4.0 out of 5 based on 25 reviews. The company regularly imports electrical machinery and equipment (four months of activity) and exports it irregularly (one month).
The company specializes in offsite MEP (mechanical, electrical, and plumbing) prefabrication for the construction industry. Its website highlights its role as a market leader, offering a wide range of prefabricated MEP solutions delivered across the UK, Ireland, and mainland Europe. Alternative Heat designs, manufactures, and delivers turnkey solutions, integrating BIM (Building Information Modeling) from the design stage through fabrication and delivery. They cater to various sectors, including commercial, data centers, education, healthcare, and renewables, with a focus on modern construction methods.
Financially, Alternative Heat Ltd shows some concerning trends. While turnover increased by 11%, net assets declined by 16% to £11 million. Bank borrowings increased by 100% to £15,000, and cash reserves decreased by 30% to £5.7 million. Creditors increased by 95% to £3.6 million, suggesting increased reliance on short-term financing. Despite these challenges, the company’s average number of employees increased by 37% to 210, indicating growth in operations. The company's assets are held in a real address, and there is only one company registered at the address. The company's auditor is Moore (N.I.) LLP.
These figures suggest Alternative Heat Ltd is experiencing a period of rapid expansion, but it is also managing increased debt and reduced cash reserves. The company’s focus on offsite prefabrication and renewable energy solutions positions it well for future growth, but careful financial management will be crucial to sustain its momentum.
Registered in Northern Ireland under the registration number NI054205, with a registered address at BT32 3QD, Northern Ireland, Banbridge, Co Down, Unit 18 - 19 Scarva Road Industrial Estate, Scarva Road.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Managers
-
Individual
- 8 years
-
Resident of United Kingdom
-
Individual
- 14 years
- 7
-
Resident of United Kingdom
-
Individual
- 14 years
- 6
-
Resident of United Kingdom
-
Individual
- 19 years
- 8
-
Resident of Ireland
-
Individual
- 19 years
-
Resident of Ireland
Last reports
The latest confirmation statement submitted one month ago.
Last news
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Registration of charge NI0542050004, created on 2026-05-29Download 71 pages pdf report
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Confirmation statement made on 2026-02-28 with no updatesDownload 3 pages pdf report
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Director's details changed for Connel Robert Mcmullan on 2006-08-01Download 2 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Exporter profile by HS codes
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Export HS codes in detail
Last exported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
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