Back to search

Thrift Energy Group Limited

11806624

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

UNIT 2 NINTH AVENUE, GATESHEAD, NE11 0EH
Incorporated 05/02/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64209
Activities of other holding companies

Officers

Mr Robert Peter Browne

director · Since 05/02/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 43

Also on 7 other boards

Mr Joshua Dominic Raffo

director · Since 26/03/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 34

Also on 3 other boards

Persons with Significant Control

Mr Robert Peter Browne

50–75% shares
50–75% votes
Appoint directors

British · England · Age 43

Unit 2, Ninth Avenue, Gateshead, NE11 0EH

Notified 05/02/2019

Mr Joshua Dominic Raffo

25–50% shares
25–50% votes

British · United Kingdom · Age 34

Unit 2, Ninth Avenue, Gateshead, NE11 0EH

Notified 01/03/2024

CompanyRankvs 729+ SIC 64209 peers
71

Financial strength96th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.85× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1Bibby Line Group Limited
90
2A H Worth And Company Limited
90
3Lancaster Leisure Limited
90
4Tindle Newspapers Limited
90
5Dukefield Limited
90
6B.C.A. Group Ltd
90
7Roberto Bucci (U.K.) Limited
90
8Cullingworth Commercials And Freight Services Limited
90
9Unusual Industries Limited
90
10Thrift Developments Limited
90
729Thrift Energy Group Limited
81
How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 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

not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group and parent company'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

£24.1M

Annual revenue

Net Worth

£5.9M

Balance sheet strength

Cash

£2.5M

Cash in the bank

Profit Before Tax

£4.5M

Bottom line earnings

Net Current Assets

£5.1M

Working capital

Current Assets

£7.9M

Current Liabilities

£2.8M

Fixed Assets

£2.5M

Debtors

£5.1M

Cost of Sales

£14.8M

Gross Profit

£9.3M

Admin Expenses

£4.8M

Operating Profit

£4.6M

Profit After Tax

£3.2M

42avg. employees+4

Tax at Year End

Corp tax£617k
Dividends paid-£70k

People Costs

Wages & salaries£1.4M

Balance Sheet

Intangible assets£2.4M
Interest payable£101k
Assets less current liabilities£7.6M
Signed by Mr R P Browne 23/12/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.85+£3.1M
20241.97+£1.2M
2023—+£522k
202247.28—

Derived from filed accounts. Not audited figures.