Thermal Economics Limited

Thermal Economics Ltd, based in Bedfordshire, UK, is a sizable company with a 42-year history, currently employing 17 people. The company boasts significant assets, totaling £4,520,775, and generates a revenue of £17,137,666 annually. It operates from a real address and is overseen by three directors and two owners. Notably, Thermal Economics Ltd is a regular importer of rubber and rubber products, with 32 months of import activity recorded, the last being in January 2025.

The company’s website reveals a focus on thermal and acoustic insulation solutions for the construction industry. It offers a range of products, including Alreflex foils and boards, Isorubber layers, and technical services like SAP EPC calculations and BIMstore CAD directories. Thermal Economics Ltd caters to both commercial and private projects, supporting clients from design stage to installation. The website also highlights partnerships with distributors, social housing providers, and even features case studies of projects like Manhattan Loft Gardens and Wembley Park.

Financially, Thermal Economics Ltd shows a mixed picture. While turnover decreased by 28%, from £24 million to £17 million, assets remain substantial. However, net assets declined by 8.4% to £3.2 million, and cash reserves fell by 17% to £300,000. Bank borrowings increased by 13%, reaching £29,000. Creditors decreased by 18%, suggesting improved debt management. The company’s large size (meeting two of three criteria for a large company) helps it maintain a strong market position, but the equity decline warrants closer examination. The company’s accounts were audited by Ad Valorem Audit Services Limited.

The decrease in turnover could be attributed to broader economic pressures within the construction industry, while the decline in cash reserves may reflect increased investment in product development or marketing efforts. It’s possible the company is navigating a period of transition, adapting to changing regulatory requirements or expanding its product offerings.

Registered in England/Wales under the registration number 01665995, with a registered address at LU1 1PP, Bedfordshire, 8 Cardiff Road, Luton.

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