Alternative Heat Limited in Banbridge, BT32 3QD

Description

Data updated on: 01-11-2023

Situated at Unit 18 - 19 Scarva Road Industrial Estate, Banbridge BT32 3QD Alternative Heat Limited is a Private Limited Company issued a NI054205 Companies House Reg No. The firm was started 19 years ago. The enterprise's principal business activity number is 43220 which stands for Plumbing, heat and air-conditioning installation. 31st March 2022 is the last time the accounts were filed.

Alternative Heat Limited is a small-sized vehicle operator with the licence number ON1118766. The firm has one transport operating centre in the country. In their subsidiary in Castlewellan , 1 machine is available.

4 transactions have been registered in 2014 with a sum total of £262,130. Cooperation with the Southampton City Council council covered the following areas: Pment - Main Contractor.

Our database about the following enterprise's executives indicates a leadership of four directors: Donal M., Martin M., Cathal M. and Connel M. who were appointed on Sunday 1st April 2012, Tuesday 1st August 2006. In order to support the directors in their duties, this particular firm has been utilizing the skills of Donal M. as a secretary since December 2017.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-03-31	2012-03-31	2013-03-31	2014-03-31	2015-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	271 870	442 410	544 569	808 958	1 864 089

Balance Sheet
Cash Bank On Hand						5 085 696	4 770 291	3 607 023	5 599 320	8 775 859	899 394
Current Assets	789 569	1 575 622	1 330 885	1 698 846	3 790 814	6 946 960	8 388 165	10 610 168	11 806 940	16 693 568	12 949 036
Debtors	531 797	493 434	719 404	1 095 951	1 443 412	666 611	2 373 767	4 106 439	3 881 736	5 597 064	9 961 303
Net Assets Liabilities						5 070 002	5 822 770	6 468 491	6 990 595	9 858 206	10 199 210
Other Debtors						61 823	22 790	451 286	64 667	108 800	22 098
Property Plant Equipment						1 135 097	1 130 782	1 076 059	1 017 392	1 374 891	2 509 926
Total Inventories						1 194 653	1 244 107	2 896 706	2 325 884	2 320 645
Cash Bank In Hand	106	760 867	301 397	43 693	1 933 074
Net Assets Liabilities Including Pension Asset Liability	271 870	442 410	544 569	808 958	1 864 089
Stocks Inventory	257 666	321 321	310 084	559 202	414 328
Tangible Fixed Assets	68 840	75 256	85 895	138 201	156 005

Capital & Reserves
Called Up Share Capital	100	80	80	80	80
Profit Loss Account Reserve	271 770	442 310	544 489	808 878	1 864 009
Shareholder Funds	271 870	442 410	544 569	808 958	1 864 089

Other Financial Data
Audit Fees Expenses						5 850	6 200	5 750	6 575	12 504	6 734
Accrued Liabilities Deferred Income						679 576	906 916	802 188	785 259	1 515 218	1 111 636
Accumulated Depreciation Impairment Property Plant Equipment						312 024	354 408	474 232	508 667	648 099	882 068
Additions Other Than Through Business Combinations Property Plant Equipment							163 949	65 100	80 388	531 893	1 392 069
Administrative Expenses						2 696 444	3 773 759	4 051 447	3 820 261	4 716 870	5 278 711
Average Number Employees During Period							90	112	108	127	150
Bank Borrowings						66 817	36 696	5 457	2 000 000	1 933 333
Bank Borrowings Overdrafts						37 417	7 296	5 481	1 900 000	1 533 333
Banking Arrangements Classified As Cash Cash Equivalents								-24	-185 703	-27
Bank Overdrafts								24	185 703	27
Cash Cash Equivalents Cash Flow Value						5 085 696	4 770 291	3 606 999	5 413 617	8 775 832	899 394
Corporation Tax Payable						282 266		40 408	109 380	378 933
Corporation Tax Recoverable							128 041				533 989
Cost Sales						11 829 779	11 962 386	14 743 160	14 092 222	21 530 996	24 202 515
Creditors						37 417	7 296	4 248 395	1 900 000	1 533 333	3 266 245
Current Tax For Period						326 138	209 525	201 459	109 380	556 689	134 168
Deferred Income							21 221	779	4 519	3 927	43 345
Deferred Tax Expense Credit From Unrecognised Timing Difference From Prior Period						-3 383			2
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences						-1 628	7 886	-3 053	-1 445	71 824	213 181
Depreciation Expense Property Plant Equipment						127 920	123 525	119 823	109 367	163 134
Depreciation Impairment Expense Property Plant Equipment						127 920	123 525	119 823	109 367	163 134	253 413
Dividends Paid						343 528	361 000	166 000	134 000	134 000	2 167 000
Dividends Paid Classified As Financing Activities						-343 528	-361 000	-166 000	-134 000	-134 000	-2 167 000
Dividends Paid On Shares Interim						343 528	361 000	166 000	134 000	134 000	2 167 000
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities						29 309	30 121	31 239	-1 994 543	66 667	1 933 333
Further Item Deferred Expense Credit Component Total Deferred Tax Expense						-3 383
Further Item Tax Increase Decrease Component Adjusting Items						5 624	5 698	5 697	5 697	5 697	5 681
Future Minimum Lease Payments Under Non-cancellable Operating Leases						1 406 250	1 443 054	1 257 250	1 100 942	1 905 048	2 219 065
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss						-84 701	25 065	21 218	22 762	-19 659	198 034
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables						1 446 807	-919 694	-1 376 642	1 619 640	-1 656 776	1 015 963
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables						-1 798 404	1 579 115	1 860 713	-224 703	1 715 328	3 830 250
Gain Loss In Cash Flows From Change In Deferred Income							-21 221	20 442
Gain Loss In Cash Flows From Change In Inventories						-1 692 131	49 454	1 652 599	-570 822	-5 239	-232 306
Gain Loss On Disposals Property Plant Equipment						-2 740	-40 089	300	-13 026	-6 160
Government Grant Income								312 000	542 676	164 341
Gross Profit Loss						4 375 847	4 879 894	4 744 445	3 811 363	7 988 170
Income From Related Parties								380 901	1 682 094	5 742 685
Income Taxes Paid Refund Classified As Operating Activities						-415 859	-401 074	-33 090	187 539	-84 794	-381 021
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation						-2 721 061	315 405	1 163 292		-3 362 215	7 876 438
Increase Decrease In Current Tax From Adjustment For Prior Periods						-118 077	-218 758	80	-227 947	-202 342	-666 069
Increase From Depreciation Charge For Year Property Plant Equipment							123 525	119 823	109 367	163 134	253 413
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings						2 792	1 979	861	2 862	10 515
Interest Income On Bank Deposits						5 003	6 982	5 000	2 448	1 466	13 704
Interest Income On Financial Assets That Are Not Fair Value Through Profit Or Loss						5 003	6 982	5 000	2 448	1 466	13 704
Interest Paid Classified As Operating Activities										-10 515	-24 778
Interest Payable Similar Charges Finance Costs						6 059	1 979	861	2 862	10 515	24 778
Interest Received Classified As Investing Activities						-5 003	-8 265	-6 070	-5 176	-2 656	-15 777
Key Management Personnel Compensation Total							32 000
Minimum Lease Payments Receivable Under Non-cancellable Operating Leases						121 000	88 000	55 000	22 000
Net Cash Flows From Used In Financing Activities						372 837	391 121	197 239
Net Cash Flows From Used In Investing Activities						389 574	151 034	58 730
Net Cash Flows From Used In Operating Activities						-3 483 472	-226 750	907 323	-4 625	-4 087 019
Net Cash Generated From Operations						-3 905 390	-629 803	873 372	180 052	-4 182 328	1 994 014
Net Current Assets Liabilities	248 325	507 782	615 505	879 875	1 999 911	4 729 903	5 512 459	6 361 773	8 825 251	11 671 818	9 682 791
Net Finance Income Costs						5 003	8 265	6 070	5 176	2 656	15 777
Net Interest Paid Received Classified As Operating Activities						-6 059	-1 979	-861	-2 862	-10 515
Operating Profit Loss						1 679 403	1 106 135	1 004 998	533 778	3 435 641
Other Creditors						8 451	818 174	486 609	73 701	26 000	41 117
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment							81 141		74 932	23 702	19 444
Other Disposals Property Plant Equipment							125 880		104 620	34 962	23 065
Other Interest Income							1 283	1 070	2 728	1 190	2 073
Other Interest Receivable Similar Income Finance Income						5 003	8 265	6 070	5 176	2 656	15 777
Other Operating Income Format1								312 000	542 676	164 341	49 348
Other Provisions Balance Sheet Subtotal								901 849	886 001	1 517 299	1 642 455
Other Taxation Social Security Payable						127 983	222 588	443 361	672 105	43 205	236 530
Pension Other Post-employment Benefit Costs Other Pension Costs						49 460	611 387	78 405	79 778	117 309	164 163
Prepayments Accrued Income						53 298	155 444	147 432	200 900	382 921	488 431
Proceeds From Sales Property Plant Equipment						-7 000	-4 650	-300	-16 662	-5 100
Profit Loss						1 475 297	1 113 768	811 721	656 104	3 001 611	2 508 004
Profit Loss On Ordinary Activities Before Tax						1 678 347	1 112 421	1 010 207	536 092	3 427 782	2 189 284
Property Plant Equipment Gross Cost						1 447 121	1 485 190	1 550 290	1 526 059	2 022 990	3 391 994
Provisions						757 581	813 175	969 341
Provisions For Liabilities Balance Sheet Subtotal						757 581	813 175	969 341
Purchase Property Plant Equipment						-401 577	-163 949	-65 100	-80 388	-531 893	-1 392 069
Raw Materials Consumables						794 365	694 436	764 629	786 848	833 737
Social Security Costs						203 493	266 560	345 181	348 801	390 276
Staff Costs Employee Benefits Expense						2 297 526	3 397 624	3 938 655	4 084 299	4 652 245	6 496 180
Taxation Including Deferred Taxation Balance Sheet Subtotal						62 659	70 545	67 492	66 047	137 871	351 052
Tax Decrease Increase From Effect Revenue Exempt From Taxation								56
Tax Expense Credit Applicable Tax Rate						318 886	211 360	191 939	101 857	651 279	415 964
Tax Increase Decrease From Effect Capital Allowances Depreciation										-29 255	-75 491
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss							353	826	379	792	1 195
Tax Tax Credit On Profit Or Loss On Ordinary Activities						203 050	-1 347	198 486	-120 012	426 171	-318 720
Total Assets Less Current Liabilities	317 165	583 038	701 400	1 018 076	2 155 916	5 865 000	6 643 241	7 437 832	9 842 643	13 046 709	12 192 717
Total Borrowings						37 417	36 696	5 481	2 185 703	1 933 360
Total Current Tax Expense Credit						208 061	-9 233	201 539	-118 567	354 347	-531 901
Total Deferred Tax Expense Credit						-5 011	7 886
Total Increase Decrease In Provisions							-47 708	-159 219	15 848	-631 298	-125 156
Total Operating Lease Payments						135 248	181 872	351 342	376 335	437 652
Trade Creditors Trade Payables						1 089 381	877 407	2 469 569	1 051 022	2 654 440	1 833 617
Trade Debtors Trade Receivables						551 490	2 067 492	3 507 721	3 616 169	5 105 343	8 916 785
Turnover Revenue						16 205 626	16 842 280	19 487 605	17 903 585	29 519 166
Wages Salaries						2 044 573	2 519 677	3 515 069	3 655 720	4 144 660	5 721 854
Work In Progress						400 288	549 671	2 132 077	1 539 036	1 486 908
Company Contributions To Defined Benefit Plans Directors							320 000
Creditors Due After One Year Total Noncurrent Liabilities	35 056	1 372
Creditors Due Within One Year Total Current Liabilities	541 244	1 067 840
Fixed Assets	68 840	75 256	85 895	138 201	156 005
Other Aggregate Reserves		20
Provisions For Liabilities Charges	10 239	139 256	156 831	209 118	291 827
Tangible Fixed Assets Additions		27 612	34 290	74 246	62 977
Tangible Fixed Assets Cost Or Valuation	133 926	147 458	163 023	232 269	270 548
Tangible Fixed Assets Depreciation	65 086	72 202	77 128	94 068	114 543
Tangible Fixed Assets Depreciation Charge For Period		17 920
Tangible Fixed Assets Depreciation Disposals		-10 804
Tangible Fixed Assets Disposals		-14 080	18 725	5 000	24 698
Creditors Due After One Year		1 372
Creditors Due Within One Year		1 067 840	715 380	818 971	1 790 903
Number Shares Allotted			100 000	100 000	80
Par Value Share			1	1	1
Share Capital Allotted Called Up Paid		100 000	100 000	100 000	80
Tangible Fixed Assets Depreciation Charged In Period			18 848	21 100	31 598
Tangible Fixed Assets Depreciation Decrease Increase On Disposals			13 922	4 160	11 123
Amount Specific Advance Or Credit Directors				1	1

Company staff

Donal M.

Role: Secretary

Appointed: 11 December 2017

Latest update: 27 March 2024

Donal M.

Role: Director

Appointed: 01 April 2012

Latest update: 27 March 2024

Martin M.

Role: Director

Appointed: 01 April 2012

Latest update: 27 March 2024

Cathal M.

Role: Director

Appointed: 01 August 2006

Latest update: 27 March 2024

Connel M.

Role: Director

Appointed: 01 August 2006

Latest update: 27 March 2024

Cathal M.

Role: Secretary

Appointed: 03 July 2007

Resigned: 11 December 2017

Latest update: 27 March 2024

Shane T.

Role: Secretary

Appointed: 08 March 2005

Resigned: 03 July 2007

Latest update: 27 March 2024

Dorothy K.

Role: Secretary

Appointed: 08 March 2005

Resigned: 08 March 2005

Latest update: 27 March 2024

Peter B.

Role: Director

Appointed: 08 March 2005

Resigned: 01 August 2006

Latest update: 27 March 2024

Darren O.

Role: Director

Appointed: 08 March 2005

Resigned: 01 August 2006

Latest update: 27 March 2024

Shane T.

Role: Director

Appointed: 08 March 2005

Resigned: 03 July 2007

Latest update: 27 March 2024

Mark S.

Role: Director

Appointed: 25 January 2005

Resigned: 11 April 2006

Latest update: 27 March 2024

People with significant control

The companies that control this firm are as follows: Mcmu Holdings Limited owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Banbridge at Scarva Road, BT32 3QD and was registered as a PSC under the registration number Ni688898.

Mcmu Holdings Limited

Address: Unit 18-19 Scarva Road, Banbridge, BT32 3QD, Northern Ireland

Legal authority Companies Act 2006

Legal form Limited Company

Country registered Northern Ireland

Place registered Northern Ireland

Registration number Ni688898

Notified on 2 September 2022

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Donal M.

Notified on 6 April 2016

Ceased on 2 September 2022

Nature of control:

1/2 or less of voting rights

right to manage directors

1/2 or less of shares

Cathal M.

Notified on 6 April 2016

Ceased on 2 September 2022

Nature of control:

1/2 or less of voting rights

right to manage directors

1/2 or less of shares

Connell M.

Notified on 6 April 2016

Ceased on 2 September 2022

Nature of control:

1/2 or less of voting rights

right to manage directors

1/2 or less of shares

Martin M.

Notified on 6 April 2016

Ceased on 2 September 2022

Nature of control:

1/2 or less of voting rights

right to manage directors

1/2 or less of shares

Accounts Documents

Account next due date	31 December 2023
Account last made up date	31 March 2022
Confirmation statement next due date	14 March 2024
Confirmation statement last made up date	28 February 2023

Annual Accounts 7 October 2013
Start Date For Period Covered By Report	2012-04-01
End Date For Period Covered By Report	2013-03-31
Date Approval Accounts	7 October 2013
Annual Accounts 19 August 2014
Start Date For Period Covered By Report	2013-04-01
End Date For Period Covered By Report	2014-03-31
Date Approval Accounts	19 August 2014
Annual Accounts 31 July 2015
Start Date For Period Covered By Report	2014-04-01
End Date For Period Covered By Report	2015-03-31
Date Approval Accounts	31 July 2015
Annual Accounts
Start Date For Period Covered By Report	2018-04-01
End Date For Period Covered By Report	2019-03-31
Annual Accounts
Start Date For Period Covered By Report	2019-04-01
End Date For Period Covered By Report	2020-03-31
Annual Accounts
Start Date For Period Covered By Report	2020-04-01
End Date For Period Covered By Report	2021-03-31
Annual Accounts
Start Date For Period Covered By Report	2021-04-01
End Date For Period Covered By Report	2022-03-31
Annual Accounts
Start Date For Period Covered By Report	2022-04-01
End Date For Period Covered By Report	2023-03-31

Year / Transaction date	Council / Department / Transaction ID	No. of trans.	Total trans. value
2014	Southampton City Council	4	£ 262 129.88
2014-04-23	4263462		£ 169 072.64	Pment - Main Contractor
2014-10-22	4267230		£ 33 696.68	Pment - Main Contractor
2014-05-13	4263602		£ 31 675.28	Pment - Main Contractor

Alternative Heat Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Donal M.

Donal M.

Martin M.

Cathal M.

Connel M.

Cathal M.

Shane T.

Dorothy K.

Peter B.

Darren O.

Shane T.

Mark S.

People with significant control

Mcmu Holdings Limited

Donal M.

Cathal M.

Connell M.

Martin M.

Accounts Documents

Company Vehicle Operator Data

11 Burrenreagh Road

City

Postal code

No. of Vehicles

Company filings

Filing category

Company's financial transactions

Search other companies

Services (by SIC Code)

Company Age

Similar companies nearby

Closest companies