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Thermax Europe Limited

03183441

active
ltd
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)

Details

The Stable Yard Vicarage Road, Stony Stratford, Milton Keynes, MK11 1BN
Incorporated 09/04/1996

Previously known as

Thermax (Uk) Limited · until 01/04/1997

Compliance

Last accounts

31/03/2026

full

Next accounts due

31/12/2027

On track

Confirmation statement

Last: 09/04/2026

Due 23/04/2027

On track

Industry

71129
Other engineering activities

Officers

Mr Venkatesh Balasubramanian

director · Since 27/04/2018

COMPANY DIRECTOR

INDIAN · INDIA

Mr Sandeep Suresh Mandke

director · Since 25/09/2019

DIVISIONAL MANAGER

INDIAN · INDIA

Connolly Accountants & Business Advisors Ltd

secretary · Since 13/01/2023

Also on 12 other boards

Venkatesh Balasubramanian

director · Since 27/04/2018

Indian · India

Sandeep Suresh Mandke

director · Since 25/09/2019

Indian · India

Connolly Accountants & Business Advisors Ltd

corporate secretary · Since 13/01/2023

Reg: 03730057

Also on 12 other boards

Former

Jd Nominees Limited

corporate director · Resigned 17/02/1997

Vidyadhar Sarawade

director · Resigned 01/07/1997

Abhay Nalawade

director · Resigned 21/07/2000

Pheroz Pudumjee

director · Resigned 16/01/2007

Meher Pudumjee

director · Resigned 16/01/2007

Prakash Kulkarni

director · Resigned 16/01/2007

Amitabha Mukhopadhyay

director · Resigned 10/08/2007

Shishir Joshipura

director · Resigned 30/11/2009

Hemant Prabhakar Mohgaonkar

director · Resigned 26/09/2012

Gopal Mahadevan

director · Resigned 10/04/2014

Ashish Madhusudan Vaishnav

director · Resigned 27/04/2018

Abhay Ramanlal Shah

director · Resigned 27/04/2018

Shailesh Bhalchandra Nadkarni

director · Resigned 26/09/2019

Jd Secretariat Limited

corporate secretary · Resigned 25/10/2019

Praxis Secretaries (Uk) Limited

corporate secretary · Resigned 13/01/2023

Persons with Significant Control

Former PSCs

Mr Pheroz Pudumjee

Ceased 12/11/2019

Mrs Meher Pudumjee

Ceased 12/11/2019

Mrs Arnavaz Rohington Aga

Ceased 12/11/2019

Change History

status → active
2026-08-18

Active

type → ltd
2026-08-18

Private Limited Company

address line1 → The Stable Yard Vicarage Road
2026-08-18

THE STABLE YARD VICARAGE ROAD

post town → Milton Keynes
2026-08-18

MILTON KEYNES

officer appointed → CONNOLLY ACCOUNTANTS & BUSINESS ADVISORS LTD
2026-08-18
officer appointed → BALASUBRAMANIAN, Venkatesh
2026-08-18
officer appointed → MANDKE, Sandeep Suresh
2026-08-18

CompanyRankvs 231+ SIC 71129 peers
79

Financial strength100th percentile among SIC peers · 25/25
Employees93th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.39× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
How is this score calculated?
Financial strength25/25 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.

Risk deductions

Going concern doubt: -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 going co

Key FinancialsYear ending 31/03/2025

Turnover

£3.8M

Annual revenue

Net Worth

£7.0M

Balance sheet strength

Cash

£6.2M

Cash in the bank

Profit Before Tax

£152k

Bottom line earnings

Net Current Assets

£7.0M

Working capital

Current Assets

£9.9M

Current Liabilities

£2.9M

Fixed Assets

£4k

Debtors

£2.5M

Cost of Sales

£2.8M

Gross Profit

£1.0M

Admin Expenses

£1.1M

Operating Profit

-£49k

Profit After Tax

£117k

7avg. employees-1

Tax at Year End

Corp tax£4k

People Costs

Wages & salaries£294k
NI contributions£27k

Balance Sheet

Assets less current liabilities£7.0M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.39+£117k
202412.20+£256k
20234.40—

Derived from filed accounts. Not audited figures.