Thermetrix Ltd.

Thermetrix Ltd is a small, active company based in Mountain Ash, UK, founded nine years ago in 2016. With £32,555 in assets and a real registered address, it’s a business with four directors and six employees, though it has no listed owners. The company operates in the manufacture of electronic measuring, testing equipment, not for industrial process control, and is an irregular importer, with its top import category being optical and medical tools and devices, totaling 1 month of imports. The last import operation was conducted on April 01, 2022. Its website, Thermetrix Ltd, highlights its focus on personal healthcare systems, specifically the Podium foot temperature monitor.

The company’s core business revolves around designing and manufacturing hardware and software for personal healthcare devices. The website’s emphasis on innovation and a focus on the Podium product suggests a niche market strategy. It’s clear they’re aiming for a premium position within the personal healthcare sector, and the 5-second redirect to Podium.Care indicates a strong online presence.

Financially, Thermetrix Ltd presents a mixed picture. Accumulated amortisation impairment intangible assets have increased by 40%, and property plant equipment has seen a 99% increase. However, cash bank on hand has plummeted 98% to just £1,100, and current assets have dropped by 62% to £33,000. Creditors have risen significantly by 220%, reaching £85,000. The company’s small size (meeting two of three conditions for being small) helps with agility, but the substantial drop in equity—from £480,000 to £300,000—is a cause for concern. The lack of an auditor, likely due to its small size, means the figures are unaudited.

Overall, Thermetrix Ltd appears to be facing financial pressures, despite its focus on innovation and a niche market. The sharp decline in cash reserves and the rise in creditors suggest it's burning through money, though the increase in intangible assets could indicate investments in future growth. It’s a tightrope walk for this small company, and its ability to sustain its operations will depend on its ability to manage its finances and capitalize on its expertise in personal healthcare technology.

Registered in England/Wales under the registration number 10053017, with a registered address at CF45 4SN, United Kingdom, Mountain Ash, Ty Menter Navigation Park, Abercynon.

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