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Alpha Therm Limited

00882439

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

NEPICAR HOUSE, SEVENOAKS, TN15 7RS
Incorporated 29/06/1966

Compliance

Last accounts

31/12/2025

full

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 31/10/2025

Due 14/11/2026

On track

Industry

25210
Manufacture of central heating radiators and boilers

Officers

Mr Andrea Carmeli

director · Since 01/11/2014

MANAGING DIRECTOR

ITALIAN · ITALY · Age 53

Mr Michael John Wilson

director · Since 10/03/2021

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 55

Persons with Significant Control

Mr Alfredo Amadei

25–50% shares

Italian · Italy · Age 58

Nepicar House, Sevenoaks, TN15 7RS

Notified 30/06/2016

Mr Romano Amadei

25–50% shares

Italian · Italy · Age 86

Nepicar House, Sevenoaks, TN15 7RS

Notified 30/06/2016

Former PSCs

Elisa Frati

Ceased 14/11/2024

Alessandro Carra

Ceased 14/11/2024

Gionata Carra

Ceased 14/11/2024

Lia Azzini

Ceased 14/11/2024

Immerfin Spa

Ceased 14/11/2024

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 21/10/2015Registered 25/10/2015
charge
satisfied

HSBC BANK PLC

Created 11/02/2011Registered 16/02/2011Satisfied 21/12/2015
charge
satisfied

HSBC INVOICE FINANCE (UK) LIMITED

Created 13/02/2009Registered 17/02/2009Satisfied 14/04/2016
charge
satisfied

HSBC BANK PLC

Created 21/04/2004Registered 30/04/2004Satisfied 21/12/2015
charge
satisfied

MIDLAND BANK PLC

Created 25/09/1991Registered 11/10/1991Satisfied 21/12/2015
charge
satisfied

MIDLAND BANK LTD

Created 11/11/1975Registered 24/11/1975Satisfied 21/12/2015

CompanyRankvs 15+ SIC 25210 peers
60

Financial strength96th percentile among SIC peers · 24/25
Employees38th percentile among SIC peers · 6/15
LiquidityCurrent ratio 2.97× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2025

Net Worth

£1.7M

Balance sheet strength

Cash

£3.9M

Cash in the bank

Profit Before Tax

£1.2M

Bottom line earnings

Net Current Assets

£7.4M

Working capital

Current Assets

£11.2M

Current Liabilities

£3.8M

Fixed Assets

£436k

Debtors

£4.9M

Cost of Sales

£17.1M

Admin Expenses

£6.8M

Profit After Tax

£842k

1avg. employees-79

Tax at Year End

Corp tax£61k
Dividends paid£800k

People Costs

Wages & salaries£3.1M

Balance Sheet

Assets less current liabilities£7.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20252.97-£158k
20242.45+£425k
20232.51+£670k
20222.28

Derived from filed accounts. Not audited figures.