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Thermofuse Pipelines Limited

03325359

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 4 BRUNEL PARK IND EST, DONCASTER, DN11 8RW
Incorporated 27/02/1997

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 28/02/2026

Due 14/03/2027

On track

Industry

42910
Construction of water projects

Officers

Mr Kevin Malcolm Hurst

director · Since 06/03/1997

INSTALLATION OF PLASTIC PIPEWO

BRITISH · ENGLAND · Age 68

Mr Paul Neal Hurst

director · Since 21/01/2014

PROJECT MANAGER

BRITISH · ENGLAND · Age 43

Also on 3 other boards

Persons with Significant Control

Thermofuse Limited

75–100% shares

Unit4, Brunel Park Industrial Estate, Doncaster, DN11 8RW

Reg: 07782509 · Companies House , Cardiff · Limited Company

Notified 23/12/2016

Former PSCs

Mr Kevin Malcolm Hurst

Ceased 23/12/2016

Charges2 outstanding

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CompanyRankvs 15+ SIC 42910 peers
79

Financial strength95th percentile among SIC peers · 24/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.44× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding 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.

Employees15/15 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

Outstanding charges: -10 pts

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

£1.6M

Balance sheet strength

Cash

£111k

Cash in the bank

Net Current Assets

£1.2M

Working capital

Current Assets

£2.0M

Current Liabilities

£803k

Fixed Assets

£669k

Debtors

£1.8M

40avg. employees+2

Balance Sheet

Bank loans & overdrafts£82k
Assets less current liabilities£1.8M
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20252.44+£90k
20243.03+£193k
20232.02+£72k
20222.21+£243k
20212.43

Derived from filed accounts. Not audited figures.