HEAT TRACE LIMITED

MERES EDGE CHESTER ROAD, HELSBY, FRODSHAM, CHESHIRE, WA6 0DJ

Company Number: 01573447
Incorporation date: 10-Jul-1981
Status: Active
Entity type: Private Limited Company

SIC codes:
27320 Manufacture of other electronic and electric wires and cables





SUMMARY

This company is 42.7 years old and is currently active. It is controlled by Heat Trace Holdings Limited. The company has positive equity (net assets) of GBP 4.2 million which has decreased from the previous year's figure of GBP 4.2 million. The latest reported revenue figure is GBP 8.7 million which is up 10% on previous year's figure of GBP 7.6 million. The company has 5 active officers (directors or partners) who are or were officers of 10 other companies, 2 (20.0%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Sep-2024
Accounts Filed: FULL (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2022 GBP 8,702,129 19,984 37,339 -15,935
31-Dec-2021 GBP 7,578,329 -683,494 21,465 -704,481
31-Dec-2020 GBP 6,944,811 -945,558 27,380 -87,038 -880,008
30-Sep-2020 GBP 12,553,737 -1,122,661 17,898 15,617 -867,747
31-Dec-2019 GBP 12,553,737 -1,122,661 17,898 15,617 -867,747
31-Dec-2018 GBP 17,399,143 25,606 16,770 12,370 13,376 43,382
31-Dec-2017 GBP 14,502,083 507,089 6,826 2,267 80,452 592,100
31-Dec-2016 GBP 7,939,958 177,634 9,806 3,374 -917 184,983
31-Dec-2015 GBP 10,005,317 986,925 494 6,336 49,422 931,661
No P&L data available


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2022 GBP 156,589 5,698,557 2,123,963 99,505 1,330 164,632 4,066,508 4,232,830
31-Dec-2021 GBP 1,655,232 6,912,452 2,567,524 671,540 1,330 164,632 4,082,443 4,248,765
31-Dec-2020 GBP 2,439,946 8,291,864 3,210,734 980,381 1,330 164,632 4,786,924 4,953,246
30-Sep-2020 GBP 1,020,936 8,522,292 3,451,384 442,802 1,330 164,632 5,666,932 5,833,254
31-Dec-2019 GBP 1,020,936 8,522,292 3,451,384 442,802 1,330 164,632 5,666,932 5,833,254
31-Dec-2018 GBP 1,634,455 10,457,236 4,250,272 95,125 1,330 164,632 6,534,679 6,701,001
31-Dec-2017 GBP 1,516,877 12,199,591 6,134,280
31-Dec-2016 GBP 3,753,181 7,459,190 1,910,196 1,330 164,632 5,899,197 6,065,519
31-Dec-2015 GBP 2,394,817 7,072,414 1,729,989 4,978 1,330 164,632 5,759,831 5,926,153
31-Dec-2014 GBP 1,330 164,632 4,856,670 5,022,992

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2018 GBP 100.00% 165,962 0 165,962 -1,445,123
31-Dec-2017 GBP inf% -165,962 165,962 0 -2,552,048
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Resigned Daniel BERRISFORD 15 Nov 2006 31 Mar 2021 Accountant British 1 - 6
Resigned Lynne SMITH 15 Nov 2006 0 - 5

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Simon ELLAM 07 May 2021 Company Director British 6 - 21 (12.5%)
Active Christer FREDRIKSSON 07 May 2021 Business Area Director, Nibe Element Swedish 3 - 00 (0.0%)
Active Mattias ÖRTENBLAD 07 May 2021 Business Area Controller, Nibe Element Swedish 3 - 00 (0.0%)
Resigned Dean WHITE 01 Oct 2016 07 May 2021 Company Director British 1 - 10 (0.0%)
Resigned Stephen BONNER 06 Apr 2009 07 May 2021 Sales Director British 0 - 41 (25.0%)
Resigned Paul BETTERIDGE 20 Apr 2007 31 May 2018 Business Technology British 0 - 10 (0.0%)
Resigned Daniel BERRISFORD 15 Nov 2006 31 May 2019 Accountant British 1 - 60 (0.0%)
Resigned Suzanne MALONE 15 Nov 2006 07 May 2021 Accountant British 0 - 30 (0.0%)
Resigned Alan PEARSON 01 Jul 2002 06 May 2014 Director British 4 - 106 (42.9%)
Active Jason O'CONNOR 01 Jan 2002 Technical Manager British 3 - 00 (0.0%)
Resigned Paul DE SOET 21 Jun 1996 01 Mar 2002 Engineer Dutch 0 - 31 (33.3%)
Resigned Myung Soo SEO 07 May 2021 Managing Director South Korean 0 - 21 (50.0%)
Resigned Lynne SMITH 04 Apr 2007 Director/Secretary British 0 - 51 (20.0%)
Resigned John Frederick Paul PARSONS 30 Jun 2003 Company Director British 0 - 80 (0.0%)
Active Neil Shaw MALONE Engineer British 4 - 44 (50.0%)
Resigned Paul DE SOET 20 Mar 1992 Engineer Dutch 0 - 31 (33.3%)
Number of active directors: 5
Average tenure of active directors: 6.2 years
Average tenure of resigned directors: 6.6 years
Average active director Dissolution Rate: 12.5%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
MONTON BOWLING & SOCIAL CLUB LIMITED (00049881) - Active
E. BRAUDE (LONDON) LIMITED (00585474) - Active
HEATROD ELEMENTS LIMITED (00766637) - Active
E. BRAUDE (CORROSION CONTROL) LIMITED (01282499) - Dissolved
HEAT TRACE LIMITED (01573447) - Active
ANYTHING (CABLES) LIMITED (01598623) - Active - Proposal to Strike off
GRAYBAR LIMITED (02872001) - Active
HEAT SAFE CABLE SYSTEMS LIMITED (04545332) - Active
REDOX TECHNOLOGY LIMITED (05054542) - Dissolved
HEAT TRACE HOLDINGS LIMITED (06524757) - Active
HT OVERSEAS INVESTMENTS LIMITED (06536137) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2015-12-312014-12-312013-12-312012-12-312011-12-31
HEAT TRACE HOLDINGS LIMITEDORDINARY1,330
100%
1,330
100%
1,330
100%
1,330
100%
1,330
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

HEAT TRACE LIMITED

no controlled companies

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


Title Date filed Status Publication number
Heating cable 2013-05-22 Awaiting First Examination GB2514385
Heatable conduit 2008-12-30 Granted GB2466639
Heatable conduit 2008-12-30 Granted GB2501824
Control of electric heating apparatus 1984-02-18 Granted GB2156098
Resistance monitoring circuit 1980-07-19 Granted GB2080643

COMPETITORS

(Based on Sic code: 27320 Manufacture of other electronic and electric wires and cables)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
PRYSMIAN CABLES & SYSTEMS LIMITED CHICKENHALL LANE, EASTLEIGH, HAMPSHIRE, SO50 6YU 00958507 2017-12-31 526,419,000 1,749,000
BRITISH CABLES COMPANY LIMITED ASHENHURST WORKS, BLACKLEY, MANCHESTER, ENGLAND, M9 8ES 08118255 2018-03-31 54,575,000 2,933,000
VENTCROFT LIMITED VENTCROFT LTD FARADAY ROAD, ASTMOOR INDUSTRIAL ESTATE, RUNCORN, CHESHIRE, WA7 1PE 02600835 2017-12-31 16,450,910 0
ROCKFORD COMPONENTS LIMITED ROCKFORD HOUSE, ACER ROAD RENDLESHAM, WOODBRIDGE, SUFFOLK, IP12 2GJ 01838700 2017-12-31 10,648,812 0
ELTHERM UK LIMITED 2 COMMUNICATIONS ROAD, GREENHAM BUSINESS PARK, NEWBURY, BERKSHIRE, ENGLAND, RG19 6AB 01361204 2017-12-31 925,152 0
D&S CABLE BRAIDING LTD UNIT 2 D&S CABLE BRAIDING LTD, 2 SALISBURY ROAD, SHAFTESBURY, DORSET, ENGLAND, SP7 8BT 06646481 2018-08-31 113,047 0
PENTONE LIMITED 203 ABBEYFIELD RD, SHEFFIELD, SOUTH YORKS, S4 7AW 02789064 2018-02-28 19,673 0 90020-Support activities to performing arts
TCI CABLES LIMITED TOWNGATE HOUSE, 2-8 PARKSTONE ROAD, POOLE, BH15 2PW 07554786 2018-03-31 3,582 0
CONDITIONAIRE ENERGY SAVERS LIMITED MARLOW COURT, HITCHEN HATCH LANE, SEVENOAKS, KENT, ENGLAND, TN13 3BF 10200456 2018-08-31 1,638 0

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
HEAT TRACE LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.4% 1.4% 2.7% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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