Thermal Designs U.k. Limited

Thermal Designs U.k. Limited, based in Ilkeston, Derbyshire, is a small holding company with an active status, having been incorporated twenty-eight years ago in August 1996. The company employs eleven people and holds £241,005 in assets. It operates from a real address and is overseen by two directors and one owner. Thermal Designs U.k. Limited regularly imports and exports machinery, boilers, and mechanical appliances, with parts – 23 months of import activity and 43 months of export activity recorded.

The company specializes in providing wrap and clad insulation systems to the food and chemical industries, a service it’s been offering since 1997. Their website details a range of services, including insulation, cladding, trace heating, and burn protection for vessels, pipework, and ducting systems. They also supply to the UK water industry and offer bespoke packages to suit individual client needs. The company's website gives the impression of a well-established business with a focus on quality and customer service.

Financially, Thermal Designs U.k. Limited's recent performance shows some concerning trends. While current assets increased slightly to £240,000, net assets plummeted 45% to -£530,000, a significant decline. Cash reserves also decreased substantially, falling to £19,000. Trade debtors have risen considerably, suggesting potential issues with customer payments. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the substantial equity drop warrants further investigation. There is no auditor mentioned, likely due to the company’s small size and exemption from an audit. The company’s focus on specialized insulation services, however, suggests a potential for continued success, despite these financial challenges.

Registered in England/Wales under the registration number 03240260, with a registered address at SN10 5RQ, Devizes, Wiltshire, Thermal Designs Uk Ltd Broadway, Market Lavington.

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