UK Companies House feature
HEAT RHIGHT LIMITED
Cash
£39K
+68.8% vs 2020
Net assets
-£94K
-342.9% vs 2020
Employees
7
+16.7% vs 2020
Profit before tax
—
Period ending 2021-03-31
Profile
- Company number
- 10799854
- Status
- Active
- Incorporation
- 2017-06-02
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 64910
- Hubs
- UK Fintech
Cash
2-year trend · vs UK Fintech median
Accounts
2-year trend · latest 2021-03-31
| Metric | Trend | 2020-03-31 | 2021-03-31 |
|---|---|---|---|
| Turnover | — | — | |
| Operating profit | — | — | |
| Profit before tax | — | — | |
| Net profit | — | — | |
| Cash | £22,829 | £38,540 | |
| Total assets less current liabilities | -£21,208 | -£93,940 | |
| Net assets | — | — | |
| Equity | -£21,208 | -£93,940 | |
| Average employees | 6 | 7 | |
| Wages | — | — |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Ernst & Young LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis. Salisbury Debtco Limited, a parent, has confirmed it can and will provide financial support to the Company in meeting its liabilities for the period from the approval of these financial statements to 31 December 2026. The Directors have therefore considered the going concern assessment undertaken at the Salisbury Debtco Limited level, the conclusion of which is that even under a severe but plausible downside scenario there is headroom in relation to both liquidity and covenants. After making enquiries, including reviewing the parent's forecast cashflows, they are satisfied the parent has sufficient resources to do so. Accordingly, the Directors of the Company believe that it is appropriate to adopt the going concern basis in preparing the financial statements.”
Significant events
- “In the post balance sheet period, the Group has been sold to Cyrus Bidco Limited, ultimately owned by funds controlled by KKR. This transaction completed on 7 February 2025 and was for 100% of the share capital and shareholder loan notes in the Group.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
4 active · 10 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| JORDAN, Neil | Secretary | 2025-07-18 | — | — |
| MAY, George Thomas Welby | Director | 2023-07-03 | Nov 1983 | British |
| SMYTH, Ian Thomas | Director | 2026-01-28 | Nov 1970 | British |
| WEST, Sean Allan | Director | 2025-08-31 | Apr 1977 | British |
Show 10 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DAVIES, Neil | Director | 2022-05-12 | 2025-08-31 |
| GARDNER, Daniel Charles Douglas | Director | 2017-06-02 | 2022-05-12 |
| GARDNER, Douglas James | Director | 2017-06-28 | 2022-05-12 |
| GARDNER, Lewis James Mathew | Director | 2018-04-10 | 2022-05-12 |
| GARNETT, Thomas Peter | Director | 2020-10-09 | 2022-05-12 |
| ISARD, Christopher David Venning | Director | 2018-04-10 | 2022-05-12 |
| MORTLOCK, Timothy James | Director | 2025-07-18 | 2026-01-29 |
| NETTLETON, William Guy | Director | 2018-04-10 | 2022-05-12 |
| SAUNT, Jeremy Stuart | Director | 2018-04-10 | 2022-05-12 |
| THORP, Thomas | Director | 2022-05-12 | 2025-07-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Horizon Energy Ventures Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-05-12 | Active |
| Gam Capital Limited | Corporate entity | Shares 25–50%, Voting 25–50% | 2018-04-06 | Ceased 2022-05-12 |
| Douglas James Gardner | Individual | Shares 75–100%, ownership-of-shares-75-to-100-percent-as-firm, Voting 75–100%, Appoints directors | 2017-06-02 | Ceased 2018-04-10 |
Filing timeline
Last 20 of 70 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-02-27 | AP01 | officers | appoint person director company with name date |
| 2026-02-18 | TM01 | officers | termination director company with name termination date |
| 2025-12-04 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-09-30 | AA | accounts | accounts with accounts type full |
| 2025-09-10 | AP01 | officers | appoint person director company with name date |
| 2025-09-10 | TM01 | officers | termination director company with name termination date |
| 2025-07-22 | AP03 | officers | appoint person secretary company with name date |
| 2025-07-21 | AP01 | officers | appoint person director company with name date |
| 2025-07-21 | TM01 | officers | termination director company with name termination date |
| 2025-05-30 | MR04 | mortgage | mortgage satisfy charge full |
| 2024-11-27 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-09-24 | AA | accounts | accounts with accounts type full |
| 2023-11-29 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-09-23 | AA | accounts | accounts with accounts type full |
| 2023-07-03 | AP01 | officers | appoint person director company with name date |
| 2022-11-28 | CS01 | confirmation-statement | confirmation statement with updates |
| 2022-10-05 | AA | accounts | accounts with accounts type total exemption full |
| 2022-05-30 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2022-05-19 | MR04 | mortgage | mortgage satisfy charge full |
| 2022-05-19 | MR04 | mortgage | mortgage satisfy charge full |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Composite activity score · components 0–100 · reference 2026-05-10
50.8
COOL
/ 100
- Filings velocity 83
- Capital events 0
- Officer churn 100
- Headcount trajectory 67
- Accounts trajectory 0
- 10 filing(s) in last 12 months
- 3 appointed, 3 resigned (12mo)
- Employees +17% YoY
- Total Assets Less Current Liabilities -343% YoY