thermohouse uk ltd
thermohouse uk ltd Company Information
Company Number
08644424
Website
www.thermohouse.co.ukRegistered Address
2 white hart road, white hart road, slough, SL1 2SF
Industry
Development of building projects
Telephone
02077842075
Next Accounts Due
December 2024
Group Structure
View All
Directors
Michael Cronin11 Years
Shareholders
michael cronin 100%
thermohouse uk ltd Estimated Valuation
Pomanda estimates the enterprise value of THERMOHOUSE UK LTD at £173.3k based on a Turnover of £325.6k and 0.53x industry multiple (adjusted for size and gross margin).
thermohouse uk ltd Estimated Valuation
Pomanda estimates the enterprise value of THERMOHOUSE UK LTD at £0 based on an EBITDA of £-374.9k and a 4.04x industry multiple (adjusted for size and gross margin).
thermohouse uk ltd Estimated Valuation
Pomanda estimates the enterprise value of THERMOHOUSE UK LTD at £0 based on Net Assets of £-925.8k and 1.55x industry multiple (adjusted for liquidity).
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Thermohouse Uk Ltd Overview
Thermohouse Uk Ltd is a live company located in slough, SL1 2SF with a Companies House number of 08644424. It operates in the development of building projects sector, SIC Code 41100. Founded in August 2013, it's largest shareholder is michael cronin with a 100% stake. Thermohouse Uk Ltd is a established, micro sized company, Pomanda has estimated its turnover at £325.6k with declining growth in recent years.
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Thermohouse Uk Ltd Health Check
Pomanda's financial health check has awarded Thermohouse Uk Ltd a 3 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
3 Regular
6 Weak
Size
annual sales of £325.6k, make it smaller than the average company (£2.1m)
- Thermohouse Uk Ltd
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -28%, show it is growing at a slower rate (2.1%)
- Thermohouse Uk Ltd
2.1% - Industry AVG
Production
with a gross margin of 25.8%, this company has a comparable cost of product (25.8%)
- Thermohouse Uk Ltd
25.8% - Industry AVG
Profitability
an operating margin of -117.2% make it less profitable than the average company (8.6%)
- Thermohouse Uk Ltd
8.6% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
3 - Thermohouse Uk Ltd
6 - Industry AVG
Pay Structure
on an average salary of £46.3k, the company has an equivalent pay structure (£46.3k)
- Thermohouse Uk Ltd
£46.3k - Industry AVG
Efficiency
resulting in sales per employee of £108.5k, this is less efficient (£275.7k)
- Thermohouse Uk Ltd
£275.7k - Industry AVG
Debtor Days
it gets paid by customers after 3 days, this is earlier than average (29 days)
- Thermohouse Uk Ltd
29 days - Industry AVG
Creditor Days
its suppliers are paid after 59 days, this is slower than average (31 days)
- Thermohouse Uk Ltd
31 days - Industry AVG
Stock Days
it holds stock equivalent to 129 days, this is less than average (181 days)
- Thermohouse Uk Ltd
181 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 13 weeks, this is average cash available to meet short term requirements (13 weeks)
13 weeks - Thermohouse Uk Ltd
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 503.2%, this is a higher level of debt than the average (74.9%)
503.2% - Thermohouse Uk Ltd
74.9% - Industry AVG
THERMOHOUSE UK LTD financials
Thermohouse Uk Ltd's latest turnover from March 2023 is estimated at £325.6 thousand and the company has net assets of -£925.8 thousand. According to their latest financial statements, Thermohouse Uk Ltd has 3 employees and maintains cash reserves of £51.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 182,831 | |||||||||
| Other Income Or Grants | 0 | |||||||||
| Cost Of Sales | 128,344 | |||||||||
| Gross Profit | 54,487 | |||||||||
| Admin Expenses | 27,407 | |||||||||
| Operating Profit | 27,080 | |||||||||
| Interest Payable | 0 | |||||||||
| Interest Receivable | 0 | |||||||||
| Pre-Tax Profit | 27,080 | |||||||||
| Tax | -5,416 | |||||||||
| Profit After Tax | 21,664 | |||||||||
| Dividends Paid | 0 | |||||||||
| Retained Profit | 21,664 | |||||||||
| Employee Costs | ||||||||||
| Number Of Employees | 3 | 3 | 4 | 5 | 6 | 3 | 2 | 2 | 3 | |
| EBITDA* | 27,080 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 19,486 | 28,388 | 38,332 | 38,262 | 43,890 | 95,141 | 115,977 | 120,840 | 120,066 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 3,351 | 3,351 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 19,486 | 28,388 | 38,332 | 38,262 | 43,890 | 98,492 | 119,328 | 120,840 | 120,066 | 0 |
| Stock & work in progress | 85,772 | 84,043 | 82,347 | 67,508 | 30,520 | 38,412 | 17,194 | 83,745 | 0 | 0 |
| Trade Debtors | 3,238 | 46,368 | 20,375 | 82,000 | 78,549 | 76,741 | 126,626 | 14,135 | 146,557 | 16,137 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 69,172 | 74,176 | 56,864 | 61,577 | 73,951 | 108,599 | 58,137 | 67,424 | 54,572 | 17,818 |
| Cash | 51,930 | 4,661 | 97,007 | 142,219 | 124,953 | 127,656 | 120,378 | 10,575 | 50,912 | 14,669 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 210,112 | 209,248 | 256,593 | 353,304 | 307,973 | 351,408 | 322,335 | 175,879 | 252,041 | 48,624 |
| total assets | 229,598 | 237,636 | 294,925 | 391,566 | 351,863 | 449,900 | 441,663 | 296,719 | 372,107 | 48,624 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 39,123 | 46,552 | 45,175 | 64,659 | 29,528 | 33,708 | 92,553 | 34,313 | 170,739 | 16,404 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 164,483 | 64,187 | 130,150 | 159,333 | 290,920 | 372,760 | 167,341 | 150,993 | 33,066 | 10,555 |
| total current liabilities | 203,606 | 110,739 | 175,325 | 223,992 | 320,448 | 406,468 | 259,894 | 185,306 | 203,805 | 26,959 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 951,831 | 672,387 | 488,867 | 280,699 | 106,197 | 156,979 | 176,199 | 48,132 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 951,831 | 672,387 | 488,867 | 280,699 | 106,197 | 156,979 | 176,199 | 48,132 | 0 | 0 |
| total liabilities | 1,155,437 | 783,126 | 664,192 | 504,691 | 426,645 | 563,447 | 436,093 | 233,438 | 203,805 | 26,959 |
| net assets | -925,839 | -545,490 | -369,267 | -113,125 | -74,782 | -113,547 | 5,570 | 63,281 | 168,302 | 21,665 |
| total shareholders funds | -925,839 | -545,490 | -369,267 | -113,125 | -74,782 | -113,547 | 5,570 | 63,281 | 168,302 | 21,665 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 27,080 | |||||||||
| Depreciation | 6,645 | 9,553 | 12,430 | 11,101 | 10,802 | 32,475 | 39,681 | 40,662 | 40,022 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -5,416 | |||||||||
| Stock | 1,729 | 1,696 | 14,839 | 36,988 | -7,892 | 21,218 | -66,551 | 83,745 | 0 | 0 |
| Debtors | -48,134 | 43,305 | -66,338 | -8,923 | -32,840 | 577 | 103,204 | -119,570 | 167,174 | 33,955 |
| Creditors | -7,429 | 1,377 | -19,484 | 35,131 | -4,180 | -58,845 | 58,240 | -136,426 | 154,335 | 16,404 |
| Accruals and Deferred Income | 100,296 | -65,963 | -29,183 | -131,587 | -81,840 | 205,419 | 16,348 | 117,927 | 22,511 | 10,555 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 14,668 | |||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | -3,351 | 0 | 3,351 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 279,444 | 183,520 | 208,168 | 174,502 | -50,782 | -19,220 | 128,067 | 48,132 | 0 | 0 |
| share issue | ||||||||||
| interest | 0 | |||||||||
| cash flow from financing | 1 | |||||||||
| cash and cash equivalents | ||||||||||
| cash | 47,269 | -92,346 | -45,212 | 17,266 | -2,703 | 7,278 | 109,803 | -40,337 | 36,243 | 14,669 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 47,269 | -92,346 | -45,212 | 17,266 | -2,703 | 7,278 | 109,803 | -40,337 | 36,243 | 14,669 |
thermohouse uk ltd Credit Report and Business Information
Thermohouse Uk Ltd Competitor Analysis
Perform a competitor analysis for thermohouse uk ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other micro companies, companies in SL1 area or any other competitors across 12 key performance metrics.
thermohouse uk ltd Ownership
THERMOHOUSE UK LTD group structure
Thermohouse Uk Ltd has no subsidiary companies.
Ultimate parent company
THERMOHOUSE UK LTD
08644424
thermohouse uk ltd directors
Thermohouse Uk Ltd currently has 1 director, Mr Michael Cronin serving since Aug 2013.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Cronin | Ireland | 53 years | Aug 2013 | - | Director |
P&L
March 2023turnover
325.6k
-36%
operating profit
-381.6k
0%
gross margin
25.8%
+8.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
-925.8k
+0.7%
total assets
229.6k
-0.03%
cash
51.9k
+10.14%
net assets
Total assets minus all liabilities
thermohouse uk ltd company details
company number
08644424
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
August 2013
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
2 white hart road, white hart road, slough, SL1 2SF
Bank
-
Legal Advisor
-
thermohouse uk 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 1 charges/mortgages relating to thermohouse uk ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
thermohouse uk ltd Companies House Filings - See Documents
| date | description | view/download |
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