Company Overview
Specialist Heat Exchangers Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 24 July 1968, so this is a well established company. Specialist Heat Exchangers Limited has been in business for 57 years and 8 months. The accounts status is full and the accounts are next due on Wednesday 30 September 2026.
Registered Address

Freeman Rd, North Hykeham, Lincoln, LN6 9AP
Credit Reports Available

These credit rating reports are available now:


Credit Analysts Report
Get Report >>

Standard Credit Report
Get Report >>

Basic Credit Report
Get Report >>

24/7 credit rating data feed - no UK company credit reports are updated faster

Companies House Data
Company NameSPECIALIST HEAT EXCHANGERS LIMITED
Company Number00936014
Registered Office AddressFreeman Rd
 North Hykeham
 LN6 9AP
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date24/07/1968
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryFULL
Returns Next Due Date31/03/2017
Returns Last Made Up Date03/03/2016
Directors & Members
Show Resigned
Helen Atkins - Director
(British, 48 years old, born June 1978)
Appointed 11 October 2024
 Active
Mark Jenner - Director
(British, 45 years old, born October 1981)
Appointed 30 August 2024
 Active
Mark Perryman - Director
(British, 53 years old, born March 1973)
Appointed 30 August 2024
 Active
Jonathan Upton - Director
(British, 48 years old, born June 1978)
Appointed 30 August 2024
 Active
Secretaries
Show Resigned
Other Company Directorships
Helen Atkins
SPECIALIST HEAT EXCHANGERS GROUP LIMITED
Mark Jenner
SPECIALIST HEAT EXCHANGERS GROUP LIMITED
Mark Perryman
AQUALISA GROUP LTD
INTERTEK NOMINEES LIMITED
LYMINGTON PRECISION ENGINEERING (LPE) LIMITED
MOLLART (GP) LLP
MOLLART GROUP LIMITED
MOLLART MANAGEMENT COMPANY LIMITED
MOODY INTERNATIONAL (HOLDINGS) LIMITED
NEWARK GROUP LIMITED
NF REALISATIONS 2012 LIMITED
NG REALISATIONS 2012 LIMITED
PETROMEDIA LTD.
PROJECT FOREST (GP) LLP
REFORM INVESTMENTS LTD
SPECIALIST HEAT EXCHANGERS GROUP LIMITED
VINE STREET CAPITAL LLP
WAGSTAFF BROS.,LIMITED
WAGSTAFF GROUP LTD
Jonathan Upton
MOLLART ENGINEERING (CHESSINGTON) LIMITED
MOLLART ENGINEERING (RESOLVEN) LIMITED
MOLLART ENGINEERING LIMITED
MOLLART GROUP LIMITED
MOLLART HOLDINGS LIMITED
MOLLART MANAGEMENT COMPANY LIMITED
SPECIALIST HEAT EXCHANGERS GROUP LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2015 31-Dec-2014
Balance Sheet
Fixed Assets 2,919,000 2,919,000 2,730,000
Current Assets 4,984,000 4,984,000 5,315,000
Creditors Due Within One Year 2,114,000 2,114,000 3,156,000
Working Cap 2,870,000 2,870,000 2,159,000
Total Assets Less Current Liabilities 5,789,000 5,789,000 4,889,000
Long-term Liabilities 474,000 474,000 283,000
Net Assets 5,315,000 5,315,000 4,606,000
Share Capital & Reserves
Share Cap 500,000 500,000 500,000
Profit & Loss Reserves 4,121,000 4,121,000 3,412,000
Other Reserves 694,000 694,000 694,000
Shareholders Funds 5,315,000 5,315,000 4,606,000
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2015 31-Dec-2014
Tangible Fixed Assets - - -
Fixed Assets 36.9% 36.9% 33.9%
Stocks Inventory 6.9% 6.9% 10.5%
Debtors 18.7% 18.7% 24.8%
Cash Bank In Hand 0.0% 0.0% 0.0%
Current Assets 63.1% 63.1% 66.1%
Creditors Due Within One Year 26.7% 26.7% 39.2%
Net Current Assets Liabilities 36.3% 36.3% 26.8%
Creditors Due After One Year 6.0% 6.0% 3.5%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 67.3% 67.3% 57.3%
Called Up Share Capital 6.3% 6.3% 6.2%
Share Capital Allotted Called Up Paid 6.3% 6.3% 6.2%
Profit Loss Account Reserve 52.1% 52.1% 42.4%
Shareholder Funds 67.3% 67.3% 57.3%
Capital Employed - - -
Total Assets Less Current Liabilities 73.3% 73.3% 60.8%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2015 31-Dec-2014
Liquidity Ratio 2.4 2.4 1.7
Solvency Ratio 3.1 3.1 2.3
Reserves to Assets 0.5 0.5 0.4
Secured Creditors Unlock full report
Mortgages Charges 27
Mortgages Outstanding 6
Mortgages Part Satisfied 0
Mortgages Satisfied 21
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2015 31-Dec-2014
Assets 7,903,000 7,903,000 8,045,000
Debt 2,588,000 2,588,000 3,439,000
Net Assets/Debt 5,315,000 5,315,000 4,606,000

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around LN6 9AP
FORTEX ENGINEERING LIMITED
UNIT 16 FREEMAN ROAD, NORTH HYKEHAM, LINCOLN, LN6 9AP
SHREDMASTER LIMITED
BEECH HOUSE FREEMAN ROAD, NORTH HYKEHAM, LINCOLN, LINCOLNSHIRE, LN6 9AP
ERADICATE PEST CONTROL SPECIALISTS LIMITED
16 LECONFIELD ROAD, LINCOLN, LN6 9AP
CARTWRIGHT BROS. (HAULAGE) LIMITED
C/O Kroll Advisory Ltd 4b Cornerblock, 2 Cornwall Street, Birmingham, LN6 9AP
MR. PLUG LTD
Beech House Freeman Road, North Hykeham, Lincoln, Lincolnshire, LN6 9AP
DYNAMIC TECHNOLOGIES UK LIMITED
C/O Specialist Heat Exchangers, Ltd Freeman Road North Hykeham, Lincoln, Lincolnshire, LN6 9AP
CROSSJOINT DEVELOPMENTS LIMITED
LANE END TOWER FREEMAN ROAD OFF STATION ROAD, NORTH HYKEHAM, LINCOLN, LINCOLNSHIRE, LN6 9AP
CATHEDRAL STATIONERY LTD
UNIT 8 EARLSFIELD CLOSE, SADLER PARK, SADLER ROAD, LINCOLN, LINCOLNSHIRE, LN6 9AP
LP FABRICATIONS LTD
FREEMAN ROAD, NORTH HYKEHAM, LINCOLN, LINCOLNSHIRE, LN6 9AP
JT AUTOS PERFORMANCE LTD
Unit 1a Freeman Road, North Hykeham, Lincoln, LN6 9AP
Document Filings
Confirmation statement made on 3 March 2026 with no updates
Information not on the register a registration of a charge was removed on 31/07/2025 as it is no longer considered to form part of the register.
Registration of charge 009360140027, created on 2 July 2025
Registration of charge 009360140026, created on 1 May 2025
All of the property or undertaking has been released from charge 009360140023
Confirmation statement made on 3 March 2025 with updates
Registration of charge 009360140025, created on 5 December 2024
Registration of charge 009360140024, created on 4 December 2024
Director's details changed for Mr Mark Peter Perryman on 11 October 2024
Appointment of Mrs Helen Atkins as a director on 11 October 2024
Director's details changed for Mr Jonathan James Upton on 11 October 2024
Director's details changed for Mr Mark Jenner on 11 October 2024
Notification of Specialist Heat Exchangers Group Limited as a person with significant control on 30 August 2024
Cessation of International Auto Oem Supplier Ukco Ltd. as a person with significant control on 30 August 2024
Appointment of Mr Mark Peter Perryman as a director on 30 August 2024
Appointment of Mr Jonathan James Upton as a director on 30 August 2024
Director's details changed for Mr Mark Jenner on 30 August 2024
Director's details changed for Mr Mark Jenner on 30 August 2024
Appointment of Mr Mark Jenner as a director on 30 August 2024
Termination of appointment of Jairo Arthur Wicker as a director on 30 August 2024
Termination of appointment of Scott Brian Smith as a director on 30 August 2024
Termination of appointment of James Patrick Habel as a director on 30 August 2024
Registration of charge 009360140023, created on 30 August 2024
Satisfaction of charge 009360140022 in full
Terms and Conditions Cancellations Contact Us

In using this service you agree to the Terms and Conditions

© 2026 Check Free