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Bn Thermic Ltd

05399744

active
Private Limited Company
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

34 STEPHENSON WAY, CRAWLEY, RH10 1TN
Incorporated 20/03/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

27900
Manufacture of other electrical equipment

Officers

Mr Richard Evans

director · Since 20/03/2005

SALES DIRECTOR

BRITISH · SPAIN · Age 67

Mr George Evans

director · Since 25/10/2021

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 37

Persons with Significant Control

Mr Richard Evans

25–50% shares
25–50% votes

British · Spain · Age 67

34 Stephenson Way, Three Bridges, Crawley, RH10 1TN

Notified 06/04/2016

Mr George Evans

25–50% shares
25–50% votes

British · United Kingdom · Age 37

34, Stephenson Way, Crawley, RH10 1TN

Notified 01/04/2025

Former PSCs

Valerie Kathryn Evans

Ceased 01/04/2025

Charges3 outstanding

charge
outstanding

RBS INVOICE FINANCE LIMITED

Created 02/10/2006Registered 03/10/2006
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 23/08/2006Registered 25/08/2006
charge
outstanding

MOWLING LIMITED

Created 24/05/2006Registered 27/05/2006
charge
satisfied

HSBC BANK PLC

Created 24/08/2005Registered 26/08/2005Satisfied 19/05/2007
charge
satisfied

HSBC INVOICE FINANCE (UK) LTD (SECURITY HOLDER)

Created 13/07/2005Registered 14/07/2005Satisfied 19/05/2007
charge
satisfied

HSBC INVOICE FINANCE (UK) LTD (SECURITY HOLDER)

Created 13/07/2005Registered 14/07/2005Satisfied 19/05/2007

CompanyRankvs 434+ SIC 27900 peers
56

Financial strength93th percentile among SIC peers · 23/25
Employees17th percentile among SIC peers · 3/15
LiquidityCurrent ratio 3.9× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees3/15 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

Outstanding charges: -10 pts

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

Going Concern Doubt

#160; Based on these assessments and having regard to the resources available to the entity, the directors have concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and financial statements. 1.3 Turnover Turnover is recognised at the fair value of the consideration received or receivable for goods provided in the

Key FinancialsYear ending 31/03/2025

Net Worth

£2.4M

Balance sheet strength

Cash

£884k

Cash in the bank

Net Current Assets

£2.2M

Working capital

Current Assets

£3.0M

Current Liabilities

£764k

Fixed Assets

£152k

Debtors

£1.1M

0avg. employees-18

Balance Sheet

Assets less current liabilities£2.4M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20253.90+£333k
20242.37+£284k
20232.47+£559k
20222.00+£147k
20211.89

Derived from filed accounts. Not audited figures.