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Thermal-Tek Solutions Limited

09246209

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

SEVERN HOUSE, NEWPORT, NP10 8FY
Incorporated 02/10/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43290
Other construction installation

Officers

Mr Kevin David Lloyd

director · Since 02/10/2014

THERMAL INSULATION. CLADDING AND PROTECT

WELSH · WALES · Age 60

Also on 3 other boards

Mr Michael James Logue

director · Since 02/10/2014

THERMAL INSULATION. CLADDING AND PROTECT

BRITISH · UNITED KINGDOM · Age 77

Also on 4 other boards

Persons with Significant Control

Mr Michael James Logue

25–50% shares

British · United Kingdom · Age 77

Severn House, Hazell Drive, Newport, NP10 8FY

Notified 01/10/2016

Charges1 outstanding

Charge
outstanding

CATALYST BUSINESS FINANCE LTD

Created 04/03/2015Registered 05/03/2015

CompanyRankvs 17352+ SIC 43290 peers
27

Financial strength2th percentile among SIC peers · 1/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.69× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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17352Thermal-Tek Solutions Limited
42
How is this score calculated?
Financial strength1/25 pts

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

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 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

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 conc

Key FinancialsYear ending 31/10/2025

Net Worth

-£81k

Balance sheet strength

Cash

£56k

Cash in the bank

Net Current Assets

-£82k

Working capital

Current Assets

£184k

Current Liabilities

£266k

Fixed Assets

£3k

Debtors

£128k

4avg. employees-1

Balance Sheet

Assets less current liabilities-£79k
Signed by Mr M J Logue 23 June 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.69+£43k
20240.53-£4k
20230.62—

Derived from filed accounts. Not audited figures.