HEATING technology firm Inditherm announced a halving of losses in 2013 and said it expects underlying sales growth to continue this year.
The Rotherham-based company has created a carbon polymer that warms up when a low voltage is applied across it.
The polymer has been used to make mattresses that keep hospital patients warm in operating theatres, recovery rooms, Accident and Emergency departments, delivery suites, premature baby and intensive care units.
A recommendation from National Institute for Health and Clinical Excellence that Inditherm’s mattress be used to prevent inadvertent hypothermia during surgery has boosted interest among NHS Trusts.
However, budget constraints mean it is taking longer than expected for NHS Trusts to adopt the new technology.
The group’s chief executive Nick Bettles said: “NICE have put together a comprehensive package looking a four hospital trusts that have adopted Inditherm, saying how they did it, what went well and what were the issues.
“It’s impressive the amount of work they’ve done.
“It won’t change our future overnight, but every bit helps. The pressure on cost savings in the NHS can only help us. We can deliver a significant cost saving.
“The inherent resistance to change is the issue,” he add- ed.
Inditherm said turnover rose by 23 per cent to £2.1m in the year to the end of December while pre-tax losses fell to £77,000, down from £164,000 last time.
The group said that while it expects underlying growth in sales to continue, the uneven order flow is likely to persist.
“The uneven order pattern has continued, particularly in the NHS,” said Mr Bettles.
“We believe that the apparent slowing of growth in the UK is caused by ever-tightening financial constraints, particularly with regard to capital expenditure in the NHS, rather than a dampening of enthusiasm for our products.”