Thermasolutions International Limited

Thermasolutions International Ltd, based in Northampton, UK, is a small, active company established 19 years ago. With 13 employees and £2,033,442 in assets, it’s a family business operating from a real address, overseen by three directors and two owners. The company regularly imports electrical machinery and equipment (43 months) and exports plastics and plastic products (39 months). Its website showcases a focus on refrigeration blind systems for retail environments, including night blinds, motorised blinds, and security shutters, catering to both UK and international markets.

The company’s website highlights a global presence, designing and manufacturing high-quality refrigeration blind systems for the retail industry. It also features a division specializing in piano restoration, a separate venture with a long history and a showroom in Harrods. This dual focus suggests a diversified business model, leveraging both retail and specialized services.

Financially, Thermasolutions International Ltd presents a mixed picture. While cash reserves saw a significant boost, increasing by 43% to £980,000, other areas show concerning trends. Net assets, however, increased by 13% to £2.3 million. Creditors surged by a substantial 160% to £450,000, and trade debtors decreased by 21% to £190,000. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the rise in liabilities warrants attention. A decrease in other inventories by 54% to £860,000 also suggests a potential slowdown in stock turnover. The company is exempt from an audit as a small entity, so the figures are unaudited. It’s possible the company is investing heavily in growth or facing temporary cash flow challenges, but the increase in liabilities should be monitored closely.

Registered in England/Wales under the registration number 05695129, with a registered address at NN5 7UW, England, Northampton, Units D & E, I.O. Centre Barn Way, Lodge Farm Industrial Estate.

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