Thermasolutions International Limited
05695129
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
31/12/2025
small
Next accounts due
30/09/2027
Confirmation statement
Last: 02/02/2026
Due 16/02/2027
Industry
Officers
director · Since 13/03/2025
COMPANY DIRECTOR
SWEDISH · SWEDEN · Age 36
Also on 2 other boards
director · Since 26/06/2025
DIRECTOR
BRITISH · ENGLAND · Age 53
Also on 3 other boards
Persons with Significant Control
Teqnion Ab
Dalvagen 14, Dalvagen 14, Solna, 16956
Notified 13/03/2025
Former PSCs
Mr Kantilal Patel
Ceased 13/03/2025
Mrs Minaxi Patel
Ceased 13/03/2025
Charges0 outstanding
NATIONAL WESTMINSTER BANK
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CompanyRankvs 254+ SIC 22290 peers74
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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
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 31/12/2024
Net Worth
£1.8M
Balance sheet strength
Cash
£645k
Cash in the bank
Net Current Assets
£1.1M
Working capital
Current Assets
£1.5M
Current Liabilities
£380k
Fixed Assets
£732k
Debtors
£389k
Tax at Year End
Director Loans(2024)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2024 | 3.84 | -£447k | £95k |
| 2024 | 4.55 | +£267k | £95k |
| 2023 | 8.70 | +£70k | — |
| 2022 | 5.33 | +£362k | — |
| 2021 | 4.38 | +£308k | — |
| 2020 | — | +£139k | — |
| 2019 | 2.91 | +£210k | — |
| 2018 | 2.48 | — | — |
Derived from filed accounts. Not audited figures.