ALTERNATIVE HEAT LIMITED
Company number NI054205 · Monitor this company
Executive summary
Alternative Heat Limited shows strong credit fundamentals with £13.1m net assets, £17.1m cash reserves, and profitable revenue growth to £62.3m. The company retains profits and holds credit insurance, supporting debt service capacity. Approval is conditional on verifying the source of the large cash build-up and confirming the purpose of any facility given existing liquidity.
Shareholders' funds
£13,070,299
Balance sheet as at 2026-03-31
What it does
During the year the company continued to design, install and operate commercial energy systems ranging in output from 1 – 16Mw for a broad range of applications. These systems typically operate from decentralised energy centres generating efficient low carbon heat and power solutions for district heating schemes.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 2005-03-08
- Employees
- 362 (2026 accounts · was 278 in 2025)
- Registered office
- Unit 18 - 19 Scarva Road Industrial Estate, Scarva Road, Banbridge, Co Down, Northern Ireland, BT32 3QD
- Postcode
- BT32 3QD
- Capital
- 80 GBP
- Accounts category
- Full
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2026-03-31
- Next due by
- 2027-12-31
- Financial year end
- 31 March
Confirmation statement
- Last statement dated
- 2026-02-28
- Next due by
- 2027-03-14
Nature of business (SIC)
- 43220 Plumbing, heat and air-conditioning installation
Officers 5 current · 7 resigned
Group structure
Controlled by BANN COMMERCIAL NI LIMITED — since 2026-03-31
From persons-with-significant-control filings on the public register.
Public contracts won 10
£152,701,103,968 total awarded value where published.
Showing the 5 most recent of 10.
Contains public sector information licensed under the Open Government Licence v3.0 (Contracts Finder).
Licensed visa sponsor
Licensed by the Home Office to sponsor worker visas: Skilled Worker (Worker (A rating)).
Matched by registered name to the register of licensed sponsors (Home Office, updated daily) — check the register itself before relying on it. Contains public sector information licensed under the Open Government Licence v3.0.
Data protection registration
Registered with the ICO as a data protection fee payer — ZA088083 (Tier 3), registered since 2014.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Contact details
- Website
- alternativeheat.co.uk
Alternative Heat Ltd. are the leading suppliers and installers of Offsite Fabrication solutions throughout the UK, Ireland & Mainland Europe.
Previous registered addresses 1
| Address | Changed on |
|---|---|
| 11 BURRENREAGH ROAD, CASTLEWELLAN, CO DOWN, BT31 9HH | 2017-06-14 |
Among its peers
Top 1%
by shareholders' funds, of 475 similar companies in BT
The largest employer among its local peers (362 staff).
Among the oldest 25% of its local peers, trading since 2005.
No.2 of the largest plumbing, heat and air-conditioning installation companies in Belfast →
Competitors Belfast
This company ranks 2 among plumbing, heat and air-conditioning installation in Belfast.
The class of 2005
42%
of the 1,245 companies in this sector incorporated in 2005 are still active today; 56% have since been dissolved.
A fact about the year, not a forecast for this company.
Businesses that transport or deal in waste must register with the Environment Agency. You can check this company on the official register of waste carriers, brokers and dealers.