Thames Reinforcements Limited

Thames Reinforcements Ltd, based in Borehamwood, UK, is a sizable, holding company with an active status. Established nineteen years ago in 2006, the company employs 151 people and boasts substantial assets of £56,427,179. Its yearly revenue reaches £83,722,708, demonstrating a significant scale of operations. While it has a registered address, nineteen companies are registered at the same location, raising concerns about a virtual address. The company is managed by four directors and has one owner, though this owner list may not be exhaustive.

Thames Reinforcements specializes in the manufacture and supply of reinforced steel to the construction industry, with a particular focus on cut and bent reinforcement. It’s a regular importer, with its top import category being machinery, boilers, and mechanical appliances; parts, totaling 63 months of imports. The company operates a state-of-the-art factory in Sheerness, Kent, and supplies major construction projects, including work at Blackfriars station and the Grange Hotels. Its website highlights a commitment to quality, innovation, and customer service, with a focus on CARES approval and modern technology.

Financially, Thames Reinforcements Ltd presents a mixed picture. While administrative expenses increased by 16% to £5.8 million, cost of sales decreased by 23% to £65 million, suggesting potential efficiencies. Bank overdrafts were reduced by 39% to £4.7 million, and cash reserves declined by 20% to £8.5 million. However, accrued liabilities decreased significantly, by 68% to £190,000, and trade debtors increased by 30% to £45 million. The company’s substantial assets and revenue indicate a strong market position, but the decrease in cash and increase in debtors may signal short-term liquidity challenges. The company was audited by MHA, and the report was signed on December 23, 2024. The company’s size (meeting two of three criteria for a large company) and the lack of detailed information in the report suggest it’s operating efficiently but facing some financial pressures.

Registered in England/Wales under the registration number 05709010, with a registered address at WD6 1RN, Borehamwood, Hertfordshire, 4 Elstree Way.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.