{"name":"ALTERNATIVE HEAT LIMITED","company_number":"NI054205","status":"Active","type":"Private Limited Company","incorporated":"2005-03-08","dissolved":null,"registered_office":"Unit 18 - 19 Scarva Road Industrial Estate, Scarva Road, Banbridge, Co Down, Northern Ireland, BT32 3QD","postcode":"BT32 3QD","sic_codes":[{"code":43220,"description":"Plumbing, heat and air-conditioning installation"}],"principal_activity":"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.","previous_names":[],"warnings":[],"accounts":{"category":"Full","year_end":"31 March","last_made_up_to":"2026-03-31","next_due":"2027-12-31"},"employees":{"count":362,"accounts_date":"2026-03-31"},"financials":[{"financial_date":"2026-03-31","profit_loss":2887908,"net_assets":13070299,"cash":17093279,"average_employees":362},{"financial_date":"2025-03-31","profit_loss":595688,"net_assets":10182391,"cash":570581,"average_employees":278},{"financial_date":"2024-03-31","profit_loss":1527037,"net_assets":10588203,"cash":5673867,"average_employees":206},{"financial_date":"2023-03-31","net_assets":10199210,"cash":899394},{"financial_date":"2022-03-31","net_assets":9858206,"cash":8775859}],"officers":{"current":5,"resigned":7,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":1,"outstanding":1},"gazette_notices":[],"insolvency_outcome":null,"ai_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.","website":"https://www.alternativeheat.co.uk/","links":{"page":"https://www.companiesintheuk.co.uk/ltd/alternative-heat","people":"https://www.companiesintheuk.co.uk/company/alternative-heat/people","filing_history":"https://www.companiesintheuk.co.uk/company/alternative-heat/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/NI054205","financials":"https://www.companiesintheuk.co.uk/company/alternative-heat/financial","control":"https://www.companiesintheuk.co.uk/company/alternative-heat/control","charges":"https://www.companiesintheuk.co.uk/company/alternative-heat/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/alternative-heat/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/alternative-heat"}