Thermic Edge Limited

Thermic Edge Ltd from Hailsham UK: a small, active company established twenty-one years ago, employs seventeen people, and holds £2,498,078 in assets. It operates from a virtual address and is managed by four directors and two owners, representing a family business. The company regularly imports electrical machinery and equipment (eleven months of activity) and exports machinery, boilers, and mechanical appliances (fifteen months).

The company’s website showcases a global leader in UHV heating solutions, high-purity ceramic coatings, and high-density graphite materials. It specializes in custom-built vacuum heating technology, offering a range of products including heating elements, power supplies, and vacuum furnaces. The site emphasizes its expertise in pyrolytic boron nitride (PBN), a material used in high-temperature ovens and electronic components, and highlights its ability to provide bespoke vacuum furnaces tailored to specific customer needs. The website also has a section for high-end vacuum furnaces.

Financially, Thermic Edge Ltd shows some concerning trends. Cash reserves have increased dramatically to £1,400,000, but net assets have also surged to £1,400,000. Bank borrowings have decreased significantly to £46,000, and creditors have risen by 410% to £1,500,000. Trade debtors have also increased by 30%, suggesting potential issues with customer payments. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the substantial increase in creditors raises questions about its short-term financial health. With no auditor mentioned, the financial statements are unaudited.

The company’s focus on specialized vacuum technology and high-purity materials suggests a business model targeting niche markets with high-value products. However, the recent financial pressures indicate a need for careful management of its liabilities and cash flow to ensure its long-term sustainability.

Registered in England/Wales under the registration number 04848124, with a registered address at BN27 1DW, Hailsham, East Sussex, 30-34 North Street.

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