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Thermasolutions International Limited

05695129

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

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

Details

UNITS D & E, I.O. CENTRE BARN WAY, NORTHAMPTON, NN5 7UW
Incorporated 02/02/2006

Compliance

Last accounts

31/12/2025

small

Next accounts due

30/09/2027

On track

Confirmation statement

Last: 02/02/2026

Due 16/02/2027

On track

Industry

22290
Manufacture of other plastic products

Officers

Mr Tanup Patel

director · Since 13/03/2025

DIRECTOR

BRITISH · ENGLAND · Age 42

Mr Daniel Zhang

director · Since 13/03/2025

COMPANY DIRECTOR

SWEDISH · SWEDEN · Age 36

Also on 2 other boards

Mr David Richard Barton

director · Since 26/06/2025

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 3 other boards

Persons with Significant Control

Teqnion Ab

75–100% shares

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

Charge
satisfied

NATIONAL WESTMINSTER BANK

Created 26/03/2019Registered 01/04/2019Satisfied 18/01/2025
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 31/03/2015Registered 06/04/2015Satisfied 18/01/2025
charge
satisfied

RBS INVOICE FINANCE LIMITED

Created 07/04/2008Registered 09/04/2008Satisfied 18/01/2025
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 07/04/2006Registered 18/04/2006Satisfied 18/01/2025

CompanyRankvs 254+ SIC 22290 peers
74

Financial strength89th percentile among SIC peers · 22/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 3.84× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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How is this score calculated?
Financial strength22/25 pts

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

Employees12/15 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

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

13avg. employees

Tax at Year End

Corp tax£187k
VAT£5k

Director Loans(2024)

Company owes directors£209

Balance Sheet

Assets less current liabilities£1.8M
Signed by Tanup Patel 30th September 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20243.84-£447k£95k
20244.55+£267k£95k
20238.70+£70k
20225.33+£362k
20214.38+£308k
2020+£139k
20192.91+£210k
20182.48

Derived from filed accounts. Not audited figures.