Thrift Energy Limited
07976869
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 09/01/2014
MANAGER
BRITISH · ENGLAND · Age 43
Also on 7 other boards
director · Since 05/04/2018
DIRECTOR
BRITISH · UNITED KINGDOM · Age 34
Also on 3 other boards
Persons with Significant Control
Thrift Energy Group Limited
Unit 31 Kingsway, Team Valley Trading Estate, Gateshead, NE11 0HW
Reg: 11806624 · Companies House · Private Limited
Notified 21/04/2021
Former PSCs
Mr Derek Brian Campbell
Ceased 21/04/2021
Mr Robert Peter Browne
Ceased 07/04/2016
Mr Kenneth Gilbert Wombwell
Ceased 28/05/2019
Green Deal First Limited
Ceased 07/09/2020
Charges0 outstanding
DURHAM PROPERTY HOLDING LTD
CATALYST BUSINESS FINANCE LTD
DURHAM PROPERTY HOLDINGS LTD
CATALYST BUSINESS FINANCE LTD
DURHAM PROPERTY HOLDINGS LTD
ROBERT BROWNE · DEREK CAMPBELL
HITACHI CAPITAL (UK) PLC
LLOYDS TSB COMMERCIAL FINANCE LIMITED
CompanyRankvs 568+ SIC 43999 peers79
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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
performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going conce
Key FinancialsYear ending 31/03/2025
Turnover
£20.4M
Annual revenue
Net Worth
£3.6M
Balance sheet strength
Cash
£2.2M
Cash in the bank
Profit Before Tax
£4.6M
Bottom line earnings
Net Current Assets
£3.8M
Working capital
Current Assets
£5.9M
Current Liabilities
£2.1M
Fixed Assets
£75k
Debtors
£3.6M
Cost of Sales
£12.3M
Gross Profit
£8.1M
Admin Expenses
£3.7M
Operating Profit
£4.6M
Profit After Tax
£3.4M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 2.83 | +£1.3M |
| 2024 | 1.95 | +£1.1M |
| 2023 | 1.57 | +£562k |
| 2022 | 1.61 | -£107k |
| 2021 | 2.53 | — |
Derived from filed accounts. Not audited figures.