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HEAT TECH MECHANICAL LIMITED Financials

Company number
SC309533Copy
Copy
Registered office
70a Ardarroch Road, Aberdeen AB24 5QS
Incorporated
03/10/2006

Company snapshot

Status
Active
Employees
10 (2025)
Latest financial data
2025
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£278.61K2025
21.49%vs 2024

2024: £229.33K

Total Assets

£617.86K2025
36.41%vs 2024

2024: £452.96K

Total Liabilities

£339.25K2025
51.71%vs 2024

2024: £223.63K

Employees

102025
-1vs 2024

2024: 11

In 2025, HEAT TECH MECHANICAL LIMITED reported net assets of £278.61K. The same filing shows total assets of £617.86K and total liabilities of £339.25K. Reported headcount was 10 in 2025. Total Assets rose from £452.96K in 2024 to £617.86K in 2025 (36.41%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£278.61K2025
21.49%from £229.33K in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures HEAT TECH MECHANICAL LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£196.60K2023£278.61K2025
+41.7%vs 2023

+19% a year compound (CAGR)

Total Assets

£374.53K2023£617.86K2025
+65%vs 2023

+28.4% a year compound (CAGR)

Total Liabilities

£177.93K2023£339.25K2025
+90.7%vs 2023

+38.1% a year compound (CAGR)

Employees

112023102025
-9.1%vs 2023-1

Biggest increase

Total Liabilities+90.7%

£177.93K in 2023 to £339.25K in 2025

Biggest decrease

Employees-9.1%

11 in 2023 to 10 in 2025

HEAT TECH MECHANICAL LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Ratios from the filed figures

Calculated from HEAT TECH MECHANICAL LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
45.09%2025
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Liabilities to total assets
54.91%2025
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for HEAT TECH MECHANICAL LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£265.75K197.43K196.60K229.33K278.61K
Total Assets£442.62K–374.53K452.96K617.86K
Cash in Bank£–––––
Total Liabilities£176.87K–177.93K223.63K339.25K
Employees1111111110

HEAT TECH MECHANICAL LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for HEAT TECH MECHANICAL LIMITED covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.

HEAT TECH MECHANICAL LIMITED reported net assets of £278.61K for 2025. That compares with £229.33K in 2024, a change of 21.49%.

HEAT TECH MECHANICAL LIMITED reported total assets of £617.86K for 2025. That compares with £452.96K in 2024, a change of 36.41%.

HEAT TECH MECHANICAL LIMITED reported total liabilities of £339.25K for 2025. That compares with £223.63K in 2024, a change of 51.71%.

HEAT TECH MECHANICAL LIMITED reported 10 employees in 2025, compared with 11 in 2024.

Between 2023 and 2025, HEAT TECH MECHANICAL LIMITED's net assets rose by 41.7%, total assets rose by 65%, total liabilities rose by 90.7% and employee numbers fell by 9.1%. Net assets compounded at 19% a year across the two years to 2025, from £196.60K to £278.61K. Reported headcount went from 11 in 2023 to 10 in 2025 (-1).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.