Thermal Equipment Limited
04052383
Healthy
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 14/08/2000
COMPANY DIRECTOR
ENGLISH · ENGLAND · Age 52
Also on 1 other board
Persons with Significant Control
Mr Justin Lee Middleton
English · England · Age 52
Grosvenor House, 22 Grafton Street, Altrincham, WA14 1DU
Notified 06/04/2016
CompanyRankvs 297+ SIC 27900 peers80
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 05/03/2026
Net Worth
£1.0M
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
£1.0M
Working capital
Current Assets
£1.0M
Current Liabilities
£44k
Fixed Assets
£723
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2026 | 23.85 | +£0 |
| 2026 | 23.85 | -£166k |
| 2025 | 4.13 | +£0 |
| 2025 | 4.13 | +£101k |
| 2024 | 4.21 | +£107k |
| 2023 | 4.28 | +£67k |
| 2022 | 4.37 | +£82k |
| 2021 | 4.38 | — |
Derived from filed accounts. Not audited figures.