Thermax Europe Limited
03183441
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
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
Charges0 outstanding
THE ELEMENTARY PROPERTY COMPANY LIMITED (IN RECEIVERSHIP)
BANK OF BARODA
ELEMENTARY PROPERTY COMPANY LIMITED
CompanyRankvs 230+ SIC 71129 peers79
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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
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
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.39 | +£117k |
| 2024 | 12.20 | +£256k |
| 2023 | 4.40 | +£244k |
| 2022 | 5.48 | +£23k |
| 2021 | 9.29 | +£384k |
| 2020 | 10.68 | +£5.7M |
| 2019 | 3.90 | — |
Derived from filed accounts. Not audited figures.