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Thermal Solutions (N.E.) Ltd

04099736

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

UNITS 26/27, HAUGH HEAD, NE71 6QP
Incorporated 31/10/2000

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

28250
Manufacture of non-domestic cooling and ventilation equipment

Officers

Mr Duncan Grey Veevers

secretary · Since 31/10/2000

DIRECTOR

BRITISH · UNITED KINGDOM · Age 78

Also on 1 other board

Mr Duncan Grey Veevers

director · Since 31/10/2000

DIRECTOR

BRITISH · ENGLAND · Age 78

Also on 1 other board

Persons with Significant Control

Mr Duncan Grey Veevers

50–75% shares
50–75% votes
Appoint directors

British · England · Age 78

38 Glendale Road, Wooler, NE71 6DL

Notified 06/04/2016

Ms Margaret Elizabeth Veevers

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 80

24 Victoria Road, Wooler, NE71 6DX

Notified 06/04/2016

CompanyRankvs 107+ SIC 28250 peers
69

Financial strength59th percentile among SIC peers · 15/25
Employees28th percentile among SIC peers · 4/15
LiquidityCurrent ratio 2.61× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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107Thermal Solutions (N.E.) Ltd
69
How is this score calculated?
Financial strength15/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees4/15 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.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2024

Net Worth

£74k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£65k

Working capital

Current Assets

£105k

Current Liabilities

£40k

Fixed Assets

£9k

1avg. employees

Balance Sheet

Assets less current liabilities£74k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20242.61+£2k
20232.26+£27k
20221.75+£31k
20211.73—

Derived from filed accounts. Not audited figures.