# BORTHWICK HEATING INSULATION UK LTD (06753929)

> BORTHWICK HEATING INSULATION UK LTD is an active private limited company (company number 06753929) incorporated on 20 November 2008, registered in Hartlepool. Its registered activity is plumbing, heat and air-conditioning installation (SIC 43220). Latest full accounts cover the period ending 31 December 2024, showing net assets of £21.88m and cash of £14.64m, with 158 employees on average. Turnover was £64.24m and profit for the year £7.35m. Net assets rose 51% on the prior period (£14.53m).

- Status: Active
- Incorporated: 2008-11-20
- Registered office: Hartlepool, TS25 1PL
- SIC 43220: Plumbing, heat and air-conditioning installation
- Next accounts due: 2026-09-30
- Confirmation statement due: 2026-12-04
- Accounts type: FULL

By net assets it sits in the top quarter of 173 comparable companies in Teesside (median £1,555, upper quartile £15k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2024-12-31 | £21.88m | £14.64m | — | £8.22m | £64.24m | £7.35m | 158 |
| 2023-12-31 | £14.53m | £9.37m | — | £6.30m | £50.21m | £5.24m | 143 |
| 2023-01-01 | — | — | — | — | — | — | — |

current ratio 3.44; net margin 11.4%; size band medium.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £21,878,494 at 31 December 2024
- Net assets up 10% or more on the prior period: +50.6% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 3.44
- Cash at bank of £50,000 or more: Cash £14,643,656
- Three or more accounting periods on record: 3 periods on record
- Incorporated five or more years ago: Incorporated 20 November 2008
- Accounts past their due date: Due 30 September 2026

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Scott Borthwick — owns 25–50% of shares; holds 25–50% of voting rights, since 2016-06-30
- Miss Caroline Crowther — owns 25–50% of shares; holds 25–50% of voting rights, since 2017-04-21

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/06753929
HTML: https://firmoscan.com/company/06753929-borthwick-heating-insulation-uk-ltd