Alternative Heat Limited

ActiveNI054205ConstructionIncorporated 8 Mar 2005 · Banbridge

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 maintenance division continues to push the boundaries of technology to ensure the systems they operate are performing to the highest standard and daily and monthly reports are continuously interrogated and upgraded where possible to help enhance the service they offer. The company continued to excel in the commercial offsite prefabrication sector and has designed and delivered a wide range of bespoke offsite prefabricated Energy Centres, Skid mounted plantrooms, Mechanical and Electrical horizontal and vertical riser solutions and Packaged Utility Cupboards (PUCs) throughout the UK and Ireland. Our design and build pre-fabricated packages have helped developers save money, improve the quality and continuity of the build, increase productivity and reduce waste and carbon emissions associated with conventional construction methods.

Revenue

£29.5m

▲ +64.9% vs prior ~12m period

Profit after tax

£3.0m

Margin 11.6%

Employees

278

▲ +34.9% vs prior ~12m period

Net assets

£10.2m

Total assets £24.7m

Financial history

Revenue by accounting period

7 periods available · ▲ growth ▼ decline

Mar 2019
Not available
Mar 2020
£19.5m
Mar 2021
£17.9m▼ -8.1%
Mar 2022
£29.5m▲ +64.9%
Mar 2023
Not available
Mar 2024
Not available
Mar 2025
Not available
Period endRevenueGrowthProfit before taxEmployeesNet assets
31 Mar 2025——£562k278£10.2m
31 Mar 2024——£1.2m206£10.6m
31 Mar 2023——£2.2m150£10.2m
31 Mar 2022£29.5m▲ +64.9%£3.4m127£9.9m
31 Mar 2021£17.9m▼ -8.1%£536k108£7.0m
31 Mar 2020£19.5m—£1.0m112£6.5m
31 Mar 2019————£5.8m

Latest available figures

Period ending 31 Mar 2022. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

Profit & loss

Revenue
£29.5m
Gross profit
£8.0m
Operating profit
£3.4m
Profit before tax
£3.4m
Profit after tax
£3.0m

Balance sheet

Total assets
£24.7m
Cash
£571k
Total liabilities
£14.5m
Net assets
£10.2m
Revenue per employee
Not available

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