Terra Therma Limited

Terra Therma Ltd, based in Maldon, UK, is a small, active company established 23 years ago. Employing 20 people, it holds £680,926 in assets and boasts a solid 4.0 Google rating from 36 reviews. The company operates as a regular importer of machinery, boilers, and mechanical appliances, with recent activity recorded just last month. It’s managed by three directors and owned by two individuals, though the ownership list changed nine years ago.

The company’s website highlights its specialization in renewable heating energy solutions, particularly ground source heat pumps, biomass boilers, and underfloor heating. It offers installation and supply services, catering to both commercial and domestic environments across the UK. The site emphasizes a team of experts and provides detailed information on grants and funding, alongside a blog and customer testimonials. It’s clear that Terra Therma is focused on promoting its expertise in the renewable energy sector, with a dedicated section explaining the benefits of each technology.

Financially, Terra Therma Ltd’s recent report presents a mixed picture. Current assets increased by a significant 41%, reaching £680,000, while net assets decreased by 13%, settling at £95,000. Bank borrowings have been reduced by 48%, dropping to £22,000, and cash reserves have increased by 58%, reaching £170,000. Creditors have decreased by 48%, suggesting improved debt management. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The increase in debtors, however, suggests potential challenges in collecting payments, and the decrease in equity is something to keep an eye on. There's no mention of an auditor, which is common for small, exempt companies.

Overall, Terra Therma Ltd appears to be navigating a period of change, with positive trends in cash flow and asset management offset by some concerns regarding equity and debtor collection. The company’s focus on renewable energy and its strong online presence position it well for future growth, but careful financial management will be essential to sustain its success.

Registered in England/Wales under the registration number 04382470, with a registered address at CM9 8LF, United Kingdom, Maldon, Little Renters Farm, Beckingham Street, Little Totham.

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.