thermo electron (management services) limited
thermo electron (management services) limited Company Information
Company Number
03153068
Next Accounts
Sep 2025
Shareholders
life sciences international ltd
Group Structure
View All
Industry
Activities of head offices
+1Registered Address
3rd floor, 1 ashley road, altrincham, cheshire, WA14 2DT
Website
-thermo electron (management services) limited Estimated Valuation
Pomanda estimates the enterprise value of THERMO ELECTRON (MANAGEMENT SERVICES) LIMITED at £136m based on a Turnover of £60.3m and 2.25x industry multiple (adjusted for size and gross margin).
thermo electron (management services) limited Estimated Valuation
Pomanda estimates the enterprise value of THERMO ELECTRON (MANAGEMENT SERVICES) LIMITED at £195.8m based on an EBITDA of £11.4m and a 17.13x industry multiple (adjusted for size and gross margin).
thermo electron (management services) limited Estimated Valuation
Pomanda estimates the enterprise value of THERMO ELECTRON (MANAGEMENT SERVICES) LIMITED at £97.6m based on Net Assets of £46m and 2.12x industry multiple (adjusted for liquidity).
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Thermo Electron (management Services) Limited Overview
Thermo Electron (management Services) Limited is a live company located in cheshire, WA14 2DT with a Companies House number of 03153068. It operates in the activities of head offices sector, SIC Code 70100. Founded in January 1996, it's largest shareholder is life sciences international ltd with a 100% stake. Thermo Electron (management Services) Limited is a mature, large sized company, Pomanda has estimated its turnover at £60.3m with low growth in recent years.
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Thermo Electron (management Services) Limited Health Check
Pomanda's financial health check has awarded Thermo Electron (Management Services) Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
2 Weak
Size
annual sales of £60.3m, make it larger than the average company (£12.5m)
£60.3m - Thermo Electron (management Services) Limited
£12.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (7%)
2% - Thermo Electron (management Services) Limited
7% - Industry AVG
Production
with a gross margin of 100%, this company has a lower cost of product (36%)
100% - Thermo Electron (management Services) Limited
36% - Industry AVG
Profitability
an operating margin of 8.1% make it more profitable than the average company (5.8%)
8.1% - Thermo Electron (management Services) Limited
5.8% - Industry AVG
Employees
with 66 employees, this is similar to the industry average (68)
66 - Thermo Electron (management Services) Limited
68 - Industry AVG
Pay Structure
on an average salary of £440.2k, the company has a higher pay structure (£51.9k)
£440.2k - Thermo Electron (management Services) Limited
£51.9k - Industry AVG
Efficiency
resulting in sales per employee of £914.2k, this is more efficient (£188k)
£914.2k - Thermo Electron (management Services) Limited
£188k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Thermo Electron (management Services) Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Thermo Electron (management Services) Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Thermo Electron (management Services) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Thermo Electron (management Services) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 64.3%, this is a similar level of debt than the average (59.1%)
64.3% - Thermo Electron (management Services) Limited
59.1% - Industry AVG
THERMO ELECTRON (MANAGEMENT SERVICES) LIMITED financials
Thermo Electron (Management Services) Limited's latest turnover from December 2023 is £60.3 million and the company has net assets of £46 million. According to their latest financial statements, Thermo Electron (Management Services) Limited has 66 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 60,339,000 | 65,658,000 | 62,590,000 | 56,357,000 | 48,079,000 | 39,731,000 | 28,823,000 | 22,157,000 | 20,452,000 | 18,371,000 | 17,813,000 | 9,284,000 | 8,226,000 | 7,381,000 | 7,796,000 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | 60,339,000 | 65,658,000 | 62,590,000 | 56,357,000 | 48,079,000 | 39,731,000 | 28,823,000 | 22,157,000 | 20,452,000 | 18,371,000 | |||||
| Admin Expenses | 55,428,000 | 58,876,000 | 56,449,000 | 49,873,000 | 43,739,000 | 35,974,000 | 24,997,000 | 21,254,000 | 19,593,000 | 17,465,000 | |||||
| Operating Profit | 4,911,000 | 6,782,000 | 6,141,000 | 6,484,000 | 4,340,000 | 3,757,000 | 3,826,000 | 903,000 | 859,000 | 906,000 | 2,340,000 | -60,000 | 160,000 | 597,000 | 1,036,000 |
| Interest Payable | 3,321,000 | 1,322,000 | 765,000 | 1,034,000 | 1,196,000 | 973,000 | 853,000 | 1,827,000 | 794,000 | 743,000 | 1,504,000 | 2,150,000 | 2,038,000 | 1,792,000 | 3,252,000 |
| Interest Receivable | 112,000 | 13,000 | 3,000 | 8,000 | 322,000 | 7,000 | 577,000 | 1,183,000 | 1,202,000 | ||||||
| Pre-Tax Profit | 1,702,000 | 5,460,000 | 5,376,000 | 5,450,000 | 9,510,000 | 2,797,000 | 2,976,000 | -916,000 | 387,000 | 590,000 | 1,413,000 | -1,142,000 | -455,000 | 51,513,000 | -9,276,000 |
| Tax | -88,000 | 821,000 | 962,000 | -962,000 | |||||||||||
| Profit After Tax | 1,614,000 | 6,281,000 | 6,338,000 | 4,488,000 | 9,510,000 | 2,797,000 | 2,976,000 | -916,000 | 387,000 | 590,000 | 1,413,000 | -1,142,000 | -455,000 | 51,513,000 | -9,276,000 |
| Dividends Paid | |||||||||||||||
| Retained Profit | 1,614,000 | 6,281,000 | 6,338,000 | 4,488,000 | 9,510,000 | 2,797,000 | 2,976,000 | -916,000 | 387,000 | 590,000 | 1,413,000 | -1,142,000 | -455,000 | 51,513,000 | -9,276,000 |
| Employee Costs | 29,053,000 | 29,899,000 | 25,553,000 | 27,651,000 | 25,533,000 | 20,911,000 | 14,236,000 | 12,393,000 | 11,205,000 | 9,641,000 | 8,514,000 | 5,246,000 | 5,409,000 | 4,209,000 | 4,335,000 |
| Number Of Employees | 66 | 65 | 62 | 70 | 250 | 206 | 137 | 132 | 126 | 98 | 89 | 64 | 61 | 49 | 45 |
| EBITDA* | 11,434,000 | 12,181,000 | 10,176,000 | 9,497,000 | 7,238,000 | 6,445,000 | 5,966,000 | 2,570,000 | 2,090,000 | 1,508,000 | 2,686,000 | 199,000 | 293,000 | 614,000 | 1,099,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 14,313,000 | 17,099,000 | 17,415,000 | 12,098,000 | 8,828,000 | 6,000,000 | 5,060,000 | 4,724,000 | 3,726,000 | 2,611,000 | 1,135,000 | 1,186,000 | 1,007,000 | 579,000 | 38,000 |
| Intangible Assets | 12,000 | 46,000 | 81,000 | 55,000 | |||||||||||
| Investments & Other | 54,300,000 | 54,300,000 | 54,300,000 | 54,300,000 | 54,300,000 | 47,934,000 | 47,934,000 | 47,934,000 | 47,934,000 | 47,934,000 | 47,934,000 | 47,934,000 | 47,934,000 | 47,934,000 | 47,933,000 |
| Debtors (Due After 1 year) | 10,112,000 | 34,083,000 | |||||||||||||
| Total Fixed Assets | 78,725,000 | 71,399,000 | 71,715,000 | 66,410,000 | 63,174,000 | 54,015,000 | 53,049,000 | 52,658,000 | 51,660,000 | 50,545,000 | 49,069,000 | 49,120,000 | 83,024,000 | 48,513,000 | 47,971,000 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 33,000 | 33,000 | |||||||||||||
| Group Debtors | 47,692,000 | 76,545,000 | 13,157,000 | 33,162,000 | 10,380,000 | 7,690,000 | 3,894,000 | 2,697,000 | 1,724,000 | 1,011,000 | 1,813,000 | 36,719,000 | 3,058,000 | 3,202,000 | 3,760,000 |
| Misc Debtors | 2,669,000 | 5,454,000 | 4,671,000 | 1,516,000 | 1,061,000 | 340,000 | 552,000 | 382,000 | 575,000 | 438,000 | 655,000 | 108,000 | 178,000 | 125,000 | 171,000 |
| Cash | 1,436,000 | 381,000 | 10,852,000 | 11,050,000 | 10,433,000 | 7,867,000 | 8,469,000 | 9,342,000 | |||||||
| misc current assets | |||||||||||||||
| total current assets | 50,361,000 | 81,999,000 | 17,828,000 | 34,711,000 | 11,474,000 | 8,030,000 | 5,882,000 | 3,460,000 | 13,151,000 | 12,499,000 | 12,901,000 | 44,694,000 | 11,705,000 | 12,669,000 | 3,931,000 |
| total assets | 129,086,000 | 153,398,000 | 89,543,000 | 101,121,000 | 74,648,000 | 62,045,000 | 58,931,000 | 56,118,000 | 64,811,000 | 63,044,000 | 61,970,000 | 93,814,000 | 94,729,000 | 61,182,000 | 51,902,000 |
| Bank overdraft | 7,043,000 | ||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 1,118,000 | 1,338,000 | 1,141,000 | 2,096,000 | 2,371,000 | 840,000 | 718,000 | 1,185,000 | 780,000 | 500,000 | 344,000 | 93,000 | 210,000 | 196,000 | 144,000 |
| Group/Directors Accounts | 61,852,000 | 101,788,000 | 38,048,000 | 49,648,000 | 34,381,000 | 33,999,000 | 33,090,000 | 32,903,000 | 39,725,000 | 37,931,000 | 38,058,000 | 72,061,000 | 38,094,000 | 38,416,000 | 74,184,000 |
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 5,086,000 | 5,937,000 | 11,833,000 | 14,375,000 | 5,837,000 | 4,031,000 | 4,109,000 | 2,513,000 | 2,542,000 | 2,241,000 | 2,267,000 | 1,024,000 | 955,000 | 1,004,000 | 715,000 |
| total current liabilities | 68,056,000 | 109,063,000 | 51,022,000 | 66,119,000 | 42,589,000 | 38,870,000 | 37,917,000 | 36,601,000 | 43,047,000 | 40,672,000 | 40,669,000 | 73,178,000 | 39,259,000 | 39,616,000 | 82,086,000 |
| loans | 15,000,000 | 34,083,000 | |||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 2,000 | 304,000 | 1,972,000 | 474,000 | 258,000 | ||||||||||
| total long term liabilities | 15,000,000 | 2,000 | 304,000 | 1,972,000 | 474,000 | 51,000 | 309,000 | 34,083,000 | |||||||
| total liabilities | 83,056,000 | 109,065,000 | 51,326,000 | 68,091,000 | 43,063,000 | 38,921,000 | 37,917,000 | 36,910,000 | 43,047,000 | 40,672,000 | 40,669,000 | 73,178,000 | 73,342,000 | 39,616,000 | 82,086,000 |
| net assets | 46,030,000 | 44,333,000 | 38,217,000 | 33,030,000 | 31,585,000 | 23,124,000 | 21,014,000 | 19,208,000 | 21,764,000 | 22,372,000 | 21,301,000 | 20,636,000 | 21,387,000 | 21,566,000 | -30,184,000 |
| total shareholders funds | 46,030,000 | 44,333,000 | 38,217,000 | 33,030,000 | 31,585,000 | 23,124,000 | 21,014,000 | 19,208,000 | 21,764,000 | 22,372,000 | 21,301,000 | 20,636,000 | 21,387,000 | 21,566,000 | -30,184,000 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 4,911,000 | 6,782,000 | 6,141,000 | 6,484,000 | 4,340,000 | 3,757,000 | 3,826,000 | 903,000 | 859,000 | 906,000 | 2,340,000 | -60,000 | 160,000 | 597,000 | 1,036,000 |
| Depreciation | 6,523,000 | 5,399,000 | 4,023,000 | 2,979,000 | 2,863,000 | 2,653,000 | 2,140,000 | 1,667,000 | 1,231,000 | 602,000 | 346,000 | 259,000 | 133,000 | 17,000 | 63,000 |
| Amortisation | 12,000 | 34,000 | 35,000 | 35,000 | |||||||||||
| Tax | -88,000 | 821,000 | 962,000 | -962,000 | |||||||||||
| Stock | |||||||||||||||
| Debtors | -21,526,000 | 64,171,000 | -16,883,000 | 23,237,000 | 3,444,000 | 3,584,000 | 1,367,000 | 780,000 | 850,000 | -1,019,000 | -34,359,000 | -492,000 | 33,992,000 | -604,000 | 3,931,000 |
| Creditors | -220,000 | 197,000 | -955,000 | -275,000 | 1,531,000 | 122,000 | -467,000 | 405,000 | 280,000 | 156,000 | 251,000 | -117,000 | 14,000 | 52,000 | 144,000 |
| Accruals and Deferred Income | -851,000 | -5,896,000 | -2,542,000 | 8,538,000 | 1,806,000 | -78,000 | 1,596,000 | -29,000 | 301,000 | -26,000 | 1,243,000 | 69,000 | -49,000 | 289,000 | 715,000 |
| Deferred Taxes & Provisions | -2,000 | -302,000 | -1,668,000 | 1,498,000 | 474,000 | -258,000 | 258,000 | ||||||||
| Cash flow from operations | 31,799,000 | -57,170,000 | 22,856,000 | -4,941,000 | 7,605,000 | 2,905,000 | 5,470,000 | 2,424,000 | 1,821,000 | 2,657,000 | 38,539,000 | 643,000 | -33,734,000 | 1,559,000 | -1,973,000 |
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 6,366,000 | 1,000 | 47,933,000 | ||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -39,936,000 | 63,740,000 | -11,600,000 | 15,267,000 | 382,000 | 909,000 | 187,000 | -6,822,000 | 1,794,000 | -127,000 | -34,003,000 | 33,967,000 | -322,000 | -35,768,000 | 74,184,000 |
| Other Short Term Loans | |||||||||||||||
| Long term loans | 15,000,000 | -34,083,000 | 34,083,000 | ||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -3,209,000 | -1,322,000 | -765,000 | -1,034,000 | -1,196,000 | -960,000 | -850,000 | -1,819,000 | -472,000 | -736,000 | -927,000 | -967,000 | -836,000 | -1,792,000 | -3,252,000 |
| cash flow from financing | -28,062,000 | 62,253,000 | -13,516,000 | 11,190,000 | -1,863,000 | -738,000 | -1,833,000 | -10,281,000 | 327,000 | -382,000 | -35,678,000 | -692,000 | 33,201,000 | -37,323,000 | 50,024,000 |
| cash and cash equivalents | |||||||||||||||
| cash | -1,436,000 | 1,055,000 | -10,471,000 | -198,000 | 617,000 | 2,566,000 | -602,000 | -873,000 | 9,342,000 | ||||||
| overdraft | -7,043,000 | 7,043,000 | |||||||||||||
| change in cash | -1,436,000 | 1,055,000 | -10,471,000 | -198,000 | 617,000 | 2,566,000 | -602,000 | -873,000 | 16,385,000 | -7,043,000 |
thermo electron (management services) limited Credit Report and Business Information
Thermo Electron (management Services) Limited Competitor Analysis
Perform a competitor analysis for thermo electron (management services) limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other large companies, companies in WA14 area or any other competitors across 12 key performance metrics.
thermo electron (management services) limited Ownership
THERMO ELECTRON (MANAGEMENT SERVICES) LIMITED group structure
Thermo Electron (Management Services) Limited has no subsidiary companies.
Ultimate parent company
THERMO FISHER SCIENTIFIC INC
#0013877
2 parents
THERMO ELECTRON (MANAGEMENT SERVICES) LIMITED
03153068
thermo electron (management services) limited directors
Thermo Electron (Management Services) Limited currently has 3 directors. The longest serving directors include Mr Euan Cameron (Oct 2018) and Mr Anthony Smith (Nov 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Euan Cameron | United Kingdom | 49 years | Oct 2018 | - | Director |
| Mr Anthony Smith | United Kingdom | 62 years | Nov 2018 | - | Director |
| Ms Alison Starr | 48 years | Apr 2024 | - | Director |
P&L
December 2023turnover
60.3m
-8%
operating profit
4.9m
-28%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
46m
+0.04%
total assets
129.1m
-0.16%
cash
0
0%
net assets
Total assets minus all liabilities
thermo electron (management services) limited company details
company number
03153068
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
82990 - Other business support service activities n.e.c.
incorporation date
January 1996
age
29
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
thermo haake (u.k.) limited (December 2002)
thermo fi limited (November 1996)
See moreaccountant
-
auditor
MITCHELL CHARLESWORTH (AUDIT) LTD
address
3rd floor, 1 ashley road, altrincham, cheshire, WA14 2DT
Bank
BARCLAYS BANK PLC
Legal Advisor
ADDLESHAW GODDARD
thermo electron (management services) limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to thermo electron (management services) limited.
thermo electron (management services) limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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thermo electron (management services) limited Companies House Filings - See Documents
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