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Thermotec Plastics Limited

00897776

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNITS 7 & 8 ELECTRA PARK ELECTRIC AVENUE, BIRMINGHAM, B6 7EB
Incorporated 09/02/1967

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

22290
Manufacture of other plastic products

Officers

Mr Micheal John Mcdonough

director · Since 04/10/1991

ENGINEER

BRITISH · UNITED KINGDOM · Age 74

Also on 4 other boards

Mr Gary John Hingley

director · Since 16/04/2015

TECHNICAL SALES DIRECTOR

BRITISH · ENGLAND · Age 59

Mr Paul Raybould

director · Since 03/04/2017

SYSTEMS & PROCESS DIRECTOR

BRITISH · ENGLAND · Age 59

Mr Robert Lee Streeter

director · Since 03/04/2017

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 2 other boards

Persons with Significant Control

Mr Michael John Mcdonough

75–100% shares
75–100% votes
Appoint directors

British · England · Age 74

Units 7 & 8 Electra Park, Electric Avenue, Birmingham, B6 7EB

Notified 06/04/2016

Charges0 outstanding

charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 18/05/2006Registered 31/05/2006Satisfied 02/12/2025
charge
satisfied

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satisfied

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satisfied

LLOYDS TSB BANK PLC

Created 16/06/2000Registered 23/06/2000Satisfied 02/12/2025
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LLOYDS BOWMAKER LIMITED

Created 04/01/1999Registered 05/01/1999Satisfied 14/03/2009
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satisfied

LLOYDS BANK PLC

Created 12/12/1989Registered 20/12/1989Satisfied 14/03/2009

CompanyRankvs 96+ SIC 22290 peers
87

Financial strength90th percentile among SIC peers · 23/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.26× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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96Thermotec Plastics Limited
87
How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

£2.0M

Balance sheet strength

Cash

£48k

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£2.2M

Current Liabilities

£960k

Fixed Assets

£1.1M

Debtors

£1.5M

55avg. employees-2

Balance Sheet

Assets less current liabilities£2.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.26-£46k
20241.77+£154k
20231.97+£270k
20221.81+£75k
20212.17+£24k
20201.63+£18k
20191.72—

Derived from filed accounts. Not audited figures.