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Therme North Limited

11759072

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

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)

Details

15 LITTLE GREEN, RICHMOND, TW9 1QH
Incorporated 10/01/2019

Compliance

Last accounts

31/12/2024

dormant

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 09/01/2026

Due 23/01/2027

On track

Industry

86900
Other human health activities
90040
Operation of arts facilities
93290
Other amusement and recreation activities

Officers

Dr Stelian Simion Iacob

director · Since 10/01/2019

LAWYER

ROMANIAN · ROMANIA · Age 46

Also on 1 other board

Mr Teodor Adrian Ion

director · Since 29/09/2020

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 9 other boards

Persons with Significant Control

Therme Group Holding Ltd

75–100% shares
75–100% votes
Appoint directors

15, Little Green, Richmond, TW9 1QH

Reg: 16612671 · Companies House · Limited Company

Notified 13/08/2025

Former PSCs

Therme Group Ltd

Ceased 13/08/2025

CompanyRankvs 27878+ SIC 86900 peers
45

Financial strength1th percentile among SIC peers · 0/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 15.61× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -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.

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.

Longevity7/15 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

requirements of the Companies Act 2006 . The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. 2.2 Going concern We have continued to prepare the accounts on a going concern basis and deem this appropriate. We do not consider that a material uncertainty about our going concern status currently exis

Key FinancialsYear ending 31/12/2024

Net Worth

-£228k

Balance sheet strength

Cash

£225k

Cash in the bank

Net Current Assets

£28.6M

Working capital

Current Assets

£30.6M

Current Liabilities

£2.0M

Fixed Assets

£1k

Debtors

£516k

3avg. employees

Balance Sheet

Assets less current liabilities£28.6M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
202415.61-£23k
20236.46-£57k
20220.18-£26k
20210.13+£3k
20200.34-£119k
20190.34

Derived from filed accounts. Not audited figures.