Heat Trace Limited
Active01573447ManufacturingIncorporated 10 Jul 1981 · Frodsham
The principal activity of the company in the year under review was that of the manufacture of electrical surface heating tapes and allied products.
Revenue
£9.9m
▼ -2.4% vs prior ~12m period
Profit after tax
-£1.2m
Margin -11.6%
Employees
89
▲ +5.9% vs prior ~12m period
Net assets
£2.8m
Total assets £7.1m
Financial history
Revenue by accounting period
6 periods available · ▲ growth ▼ decline
Dec 2019Not available
Dec 2020
£6.9m
Dec 2021
£7.6m▲ +9.1%
Dec 2022
£8.7m▲ +14.8%
Dec 2023
£10.1m▲ +16.6%
Dec 2024
£9.9m▼ -2.4%
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Dec 2024 | £9.9m | ▼ -2.4% | -£1.2m | 89 | £2.8m |
| 31 Dec 2023 | £10.1m | ▲ +16.6% | -£210k | 84 | £4.0m |
| 31 Dec 2022 | £8.7m | ▲ +14.8% | -£16k | 70 | £4.2m |
| 31 Dec 2021 | £7.6m | ▲ +9.1% | -£704k | 68 | £4.2m |
| 31 Dec 2020 | £6.9m | — | -£967k | 85 | £5.0m |
| 31 Dec 2019 | — | — | — | — | £5.8m |
Latest available figures
Period ending 31 Dec 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £9.9m
- Gross profit
- £3.8m
- Operating profit
- -£1.2m
- Profit before tax
- -£1.2m
- Profit after tax
- -£1.2m
Balance sheet
- Total assets
- £7.1m
- Cash
- £92k
- Total liabilities
- £4.4m
- Net assets
- £2.8m
- Revenue per employee
- £111k
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