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Thermal Teq Heating Solutions Ltd

14513611

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

101 WESTBOURNE ROAD, BRISTOL, BS16 6RF
Incorporated 29/11/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Mr Joseph James Urch

director · Since 29/11/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 36

Persons with Significant Control

Mr Joseph James Urch

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

British · United Kingdom · Age 36

101, Westbourne Road, Bristol, BS16 6RF

Notified 29/11/2022

CompanyRankvs 12281+ SIC 43220 peers
61

Financial strength76th percentile among SIC peers · 19/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 4.25× · 20/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 pts

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

Employees3/15 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.

Longevity4/15 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.

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

Key FinancialsYear ending 30/11/2024

Net Worth

£34k

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

£29k

Working capital

Current Assets

£38k

Current Liabilities

£9k

Fixed Assets

£20k

Debtors

£16k

1avg. employees

Tax at Year End

Corp tax£7k
VAT£409

Director Loans

Company owes directors£966

Balance Sheet

Assets less current liabilities£50k
Signed by Mr Joseph Urch 26/03/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20244.25+£14k£8k
20232.81

Derived from filed accounts. Not audited figures.