Inductotherm Heating & Welding Limited
01013852
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Last accounts
31/12/2025
full
Next accounts due
30/09/2027
Confirmation statement
Last: 17/09/2025
Due 01/10/2026
Industry
Officers
director · Since 01/07/2022
SALES DIRECTOR
BRITISH · ENGLAND · Age 57
Also on 8 other boards
director · Since 21/11/2023
GROUP PRESIDENT - INDUCTOTHERM GROUP
AMERICAN · UNITED STATES · Age 65
Persons with Significant Control
Mrs Virginia Rowan Smith
American · United States · Age 80
Thermatool House, Basingstoke, RG24 8NA
Notified 06/04/2016
Charges3 outstanding
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
HSBC BANK PLC
INUCTOTHERM GROUP EUROPE LIMITED (THE CREDITOR)
DELATHERM CORPORATION
MIDLAND BANK PLC
MIDLAND BANK PLC
MIDLAND BANK LTD
CompanyRankvs 321+ SIC 28990 peers60
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
£8.7M
Balance sheet strength
Cash
£3.5M
Cash in the bank
Profit Before Tax
£896k
Bottom line earnings
Net Current Assets
£7.3M
Working capital
Current Assets
£11.6M
Current Liabilities
£4.2M
Fixed Assets
£1.9M
Debtors
£4.3M
Cost of Sales
£3.2M
Admin Expenses
£5.4M
Profit After Tax
£809k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2025 | 2.72 |
Derived from filed accounts. Not audited figures.