Thermax Contracting Services Limited

  • Small
  • Active
  • 39 years
  • 9 employees
  • £176,603 (assets)
  • Real address
  • 3 directors
  • 2 owners
  • Regular importer
  • Family business
  • Rating 5.0 (2)

Field of Operation

Other specialised construction activities n.e.c.
43999 67197 companies

Website

Social media

Phones

Summary

Thermax Contracting Services Ltd, based in Sheffield, UK, is a small, family-run business with an active status. Established 39 years ago in 1985, the company employs nine people and holds £176,603 in assets. It has a real address and is managed by three directors and two owners. The company boasts a perfect 5.0 Google rating from two reviews. It’s an irregular importer, primarily dealing with miscellaneous metal items, with recent activity recorded just two months ago.

The company operates in the specialised construction activities sector. While no website is available, this suggests a more traditional, service-oriented business rather than an e-commerce operation. It’s likely Thermax Contracting Services focuses on direct client relationships and project-based work.

Financially, the picture is mixed. While current assets remain stable at £180,000, net assets have increased significantly by 110% to £76,000. Bank borrowings have risen by 28%, reaching £89,000, and cash reserves have fallen dramatically to just £85. Creditors have also increased by 16%, reaching £160,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the increase in bank borrowings could indicate a need for working capital. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The increase in trade debtors by 110% to £170,000 suggests that the company is extending credit to its customers, which could be a strategy to win business but also carries risk. The decrease in provisions by 1.4% to £5,200 may indicate better management of liabilities. Overall, Thermax Contracting Services Ltd appears to be a stable, albeit small, business—but the rising debt levels warrant close monitoring.

Registered in England/Wales under the registration number 01973476, with a registered address at S2 3AB, England, Sheffield, 18-24 Gleadless Road.

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

Owners & PSC

  • 9 years
  • 25%+
  • 9 years
  • 25%+

Managers

Director
Secretary
None

Last reports

Download the last financial report
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Last news

  1. Compulsory strike-off action has been discontinued
  2. Confirmation statement made on 2024-10-01 with no updates
  3. Total exemption full accounts made up to 2023-10-31
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Importer profile by HS codes

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