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Thermal-Tek Solutions Limited

09246209

active
Private Limited Company
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-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 76

Also on 4 other boards

Persons with Significant Control

Mr Michael James Logue

25–50% shares

British · United Kingdom · Age 76

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 18149+ SIC 43290 peers
36

Financial strength1th percentile among SIC peers · 0/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.53× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/10/2024

Net Worth

-£124k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

-£115k

Working capital

Current Assets

£131k

Current Liabilities

£246k

Fixed Assets

£4k

Debtors

£118k

5avg. employees

Balance Sheet

Assets less current liabilities-£111k
Signed by Mr M J Logue 28 July 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.53-£4k
20230.62-£46k
20220.82-£54k
20211.10-£3k
20200.90-£7k
20190.93-£18k
20181.06

Derived from filed accounts. Not audited figures.