BOUSTEAD INTERNATIONAL HEATERS LIMITED

1. BOUSTEAD INTERNATIONAL HEATERS LIMITED 1997-06-26 → present
2. BOUSTEAD HEATERS INTERNATIONAL LIMITED 1997-05-09 → 1997-06-26
3. TIMEMANOR LIMITED 1997-04-22 → 1997-05-09

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. BOUSTEAD INTERNATIONAL HEATERS LIMITED · parent
   1. BIH Limited 100% · England
   2. Boustead International Heaters Canada Limited 100% · Canada
   3. BIH USA Inc. 100% · United States
   4. Birwelco USA Inc. 100% · United States

Significant events

• “Notable achievements included the successful execution of a large offshore once-through steam generator ("OTSG") order, the award of a sizeable heater contract from a major global petrochemical company, and a significant waste heat recovery unit ("WHRU") contract for delivery to Africa.”
• “The aftermarket services business continued to perform strongly, with increased demand for design studies and efficiency improvement initiatives.”
• “The directors are encouraged by two repeat LNG-related contract awards after the balance sheet date, despite ongoing global trade tensions and escalated tariff uncertainty.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -20.5%

  £69,473,985 → £55,236,935

• Cash

  +221.5%

  £14,896,134 → £47,885,848

• Net assets

  +1.4%

  £45,492,455 → £46,123,926

• Employees

  +1.7%

  59 → 60

• Operating profit

  -34.1%

  £17,352,749 → £11,427,366

• Profit before tax

  -30.8%

  £18,277,165 → £12,645,388

• Wages

  -6.9%

  £4,603,277 → £4,285,062

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers