thermo products ltd
thermo products ltd Company Information
Company Number
04326910
Next Accounts
Jan 2026
Shareholders
mr bridger enterprises limited
Group Structure
View All
Industry
Manufacture of electric domestic appliances
Registered Address
marshgate trading estate, taplow road, maidenhead, berkshire, SL6 0ND
Website
www.thermoproducts.bizthermo products ltd Estimated Valuation
Pomanda estimates the enterprise value of THERMO PRODUCTS LTD at £314.7k based on a Turnover of £850.7k and 0.37x industry multiple (adjusted for size and gross margin).
thermo products ltd Estimated Valuation
Pomanda estimates the enterprise value of THERMO PRODUCTS LTD at £200.3k based on an EBITDA of £67.2k and a 2.98x industry multiple (adjusted for size and gross margin).
thermo products ltd Estimated Valuation
Pomanda estimates the enterprise value of THERMO PRODUCTS LTD at £0 based on Net Assets of £-113k and 1.85x industry multiple (adjusted for liquidity).
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Thermo Products Ltd Overview
Thermo Products Ltd is a live company located in maidenhead, SL6 0ND with a Companies House number of 04326910. It operates in the manufacture of electric domestic appliances sector, SIC Code 27510. Founded in November 2001, it's largest shareholder is mr bridger enterprises limited with a 100% stake. Thermo Products Ltd is a mature, small sized company, Pomanda has estimated its turnover at £850.7k with healthy growth in recent years.
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Thermo Products Ltd Health Check
Pomanda's financial health check has awarded Thermo Products Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £850.7k, make it smaller than the average company (£24.8m)
- Thermo Products Ltd
£24.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (2.3%)
- Thermo Products Ltd
2.3% - Industry AVG
Production
with a gross margin of 18.8%, this company has a higher cost of product (28.3%)
- Thermo Products Ltd
28.3% - Industry AVG
Profitability
an operating margin of 7.9% make it more profitable than the average company (2.8%)
- Thermo Products Ltd
2.8% - Industry AVG
Employees
with 4 employees, this is below the industry average (74)
4 - Thermo Products Ltd
74 - Industry AVG
Pay Structure
on an average salary of £51.2k, the company has an equivalent pay structure (£51.2k)
- Thermo Products Ltd
£51.2k - Industry AVG
Efficiency
resulting in sales per employee of £212.7k, this is less efficient (£289.3k)
- Thermo Products Ltd
£289.3k - Industry AVG
Debtor Days
it gets paid by customers after 81 days, this is later than average (40 days)
- Thermo Products Ltd
40 days - Industry AVG
Creditor Days
its suppliers are paid after 61 days, this is slower than average (39 days)
- Thermo Products Ltd
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Thermo Products Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Thermo Products Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 159.3%, this is a higher level of debt than the average (65.1%)
159.3% - Thermo Products Ltd
65.1% - Industry AVG
THERMO PRODUCTS LTD financials
Thermo Products Ltd's latest turnover from April 2024 is estimated at £850.7 thousand and the company has net assets of -£113 thousand. According to their latest financial statements, Thermo Products Ltd has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Sep 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 9 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Sep 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 752 | 1,623 | 2,494 | 4,151 | 5,880 | 6,082 | 7,555 | 5,155 | 5,712 | 3,511 | 13,777 | 24,710 | 33,592 | 44,278 | 27,291 |
| Intangible Assets | 636 | 1,270 | 1,903 | 2,536 | 3,169 | 3,802 | 4,435 | ||||||||
| Investments & Other | 31,429 | 31,429 | 31,429 | ||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 752 | 1,623 | 2,494 | 4,151 | 5,880 | 6,082 | 38,984 | 36,584 | 37,777 | 4,781 | 15,680 | 27,246 | 36,761 | 48,080 | 31,726 |
| Stock & work in progress | 60,075 | 74,235 | 87,526 | 85,712 | 85,000 | 94,913 | 91,065 | 91,005 | 86,834 | ||||||
| Trade Debtors | 189,959 | 129,424 | 141,259 | 232,973 | 132,412 | 100,661 | 20,136 | 76,875 | 69,987 | 150,395 | 122,372 | 134,213 | 162,875 | 149,917 | 186,552 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 97 | 82,928 | 78,016 | ||||||||||||
| Cash | 29 | 1,021 | 602 | 311 | 389 | 737 | 590 | 209 | |||||||
| misc current assets | |||||||||||||||
| total current assets | 189,959 | 129,424 | 141,259 | 232,973 | 132,412 | 100,661 | 80,337 | 235,059 | 236,131 | 236,418 | 207,761 | 229,863 | 254,530 | 241,131 | 273,386 |
| total assets | 190,711 | 131,047 | 143,753 | 237,124 | 138,292 | 106,743 | 119,321 | 271,643 | 273,908 | 241,199 | 223,441 | 257,109 | 291,291 | 289,211 | 305,112 |
| Bank overdraft | 255 | 20,829 | 41,976 | ||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 117,192 | 39,707 | 45,146 | 51,565 | 35,079 | 34,070 | 46,946 | 61,964 | 150,869 | 581,471 | 545,658 | 528,029 | 537,588 | 494,905 | 442,559 |
| Group/Directors Accounts | 3,842 | ||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 84,667 | 73,679 | 81,929 | ||||||||||||
| total current liabilities | 117,192 | 39,707 | 45,146 | 51,565 | 35,079 | 34,070 | 131,868 | 160,314 | 274,774 | 581,471 | 545,658 | 528,029 | 537,588 | 494,905 | 442,559 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 186,534 | 254,775 | 331,848 | 474,769 | 431,436 | 431,436 | 407,593 | 439,846 | 334,350 | ||||||
| provisions | |||||||||||||||
| total long term liabilities | 186,534 | 254,775 | 331,848 | 474,769 | 431,436 | 431,436 | 407,593 | 439,846 | 334,350 | ||||||
| total liabilities | 303,726 | 294,482 | 376,994 | 526,334 | 466,515 | 465,506 | 539,461 | 600,160 | 609,124 | 581,471 | 545,658 | 528,029 | 537,588 | 494,905 | 442,559 |
| net assets | -113,015 | -163,435 | -233,241 | -289,210 | -328,223 | -358,763 | -420,140 | -328,517 | -335,216 | -340,272 | -322,217 | -270,920 | -246,297 | -205,694 | -137,447 |
| total shareholders funds | -113,015 | -163,435 | -233,241 | -289,210 | -328,223 | -358,763 | -420,140 | -328,517 | -335,216 | -340,272 | -322,217 | -270,920 | -246,297 | -205,694 | -137,447 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Sep 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 2,525 | 1,717 | 1,955 | 10,266 | 12,583 | 9,819 | 10,685 | 10,652 | 19,800 | ||||||
| Amortisation | 634 | 633 | 633 | 633 | 633 | 633 | 633 | ||||||||
| Tax | |||||||||||||||
| Stock | -60,075 | -14,160 | -13,291 | 1,814 | 712 | -9,913 | 3,848 | 60 | 4,171 | 86,834 | |||||
| Debtors | 60,535 | -11,835 | -91,714 | 100,561 | 31,751 | 80,428 | -139,570 | 11,800 | -2,392 | 28,023 | -11,841 | -28,662 | 12,958 | -36,635 | 186,552 |
| Creditors | 77,485 | -5,439 | -6,419 | 16,486 | 1,009 | -12,876 | -15,018 | -88,905 | -430,602 | 35,813 | 17,629 | -9,559 | 42,683 | 52,346 | 442,559 |
| Accruals and Deferred Income | -84,667 | 10,988 | -8,250 | 81,929 | |||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -31,429 | 31,429 | |||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -3,842 | 3,842 | |||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -68,241 | -77,073 | -142,921 | 43,333 | 23,843 | -32,253 | 105,496 | 334,350 | |||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -29 | -992 | 419 | 291 | -78 | -348 | 147 | 381 | 209 | ||||||
| overdraft | -255 | -20,574 | -21,147 | 41,976 | |||||||||||
| change in cash | 226 | 19,582 | 21,566 | -41,685 | -78 | -348 | 147 | 381 | 209 |
thermo products ltd Credit Report and Business Information
Thermo Products Ltd Competitor Analysis
Perform a competitor analysis for thermo products ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in SL6 area or any other competitors across 12 key performance metrics.
thermo products ltd Ownership
THERMO PRODUCTS LTD group structure
Thermo Products Ltd has 1 subsidiary company.
Ultimate parent company
1 parent
THERMO PRODUCTS LTD
04326910
1 subsidiary
thermo products ltd directors
Thermo Products Ltd currently has 4 directors. The longest serving directors include Mr Russell Bridger (Nov 2018) and Mr Leonard Simmons (Nov 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Russell Bridger | England | 53 years | Nov 2018 | - | Director |
| Mr Leonard Simmons | England | 76 years | Nov 2018 | - | Director |
| Mr Dean Bailey | 57 years | Nov 2018 | - | Director | |
| Mr Julian Fox | 58 years | Nov 2018 | - | Director |
P&L
April 2024turnover
850.7k
+47%
operating profit
67.2k
0%
gross margin
18.9%
+7.75%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
-113k
-0.31%
total assets
190.7k
+0.46%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
thermo products ltd company details
company number
04326910
Type
Private limited with Share Capital
industry
27510 - Manufacture of electric domestic appliances
incorporation date
November 2001
age
24
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
April 2024
previous names
harlow contract manufacturing limited (October 2003)
accountant
DONALD REID LIMITED
auditor
-
address
marshgate trading estate, taplow road, maidenhead, berkshire, SL6 0ND
Bank
-
Legal Advisor
-
thermo products ltd 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 found 4 charges/mortgages relating to thermo products ltd. Currently there are 1 open charges and 3 have been satisfied in the past.
thermo products ltd 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.
Click to start generating capital raising & share issue transactions for THERMO PRODUCTS LTD. This can take several minutes, an email will notify you when this has completed.
thermo products ltd Companies House Filings - See Documents
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