Thermmark Limited

Thermmark Ltd from Congleton, UK, is a small, active company founded eleven years ago in 2013. Employing thirty-one people and holding assets of £432,580, it operates from a real address and is managed by three directors, with Robson Neville David as the sole owner. The company regularly imports machinery, boilers, and mechanical appliances—parts, with eighteen months of import activity recorded—and exports plastics and plastic products, boasting fourteen months of export activity.

The company’s website, Thermmark Road Markings, focuses on thermoplastic line markings, EV markings, and related signage. It offers a wide range of products, from standard road markings to bespoke designs, catering to various industries, including car parks, playgrounds, and industrial sites. The site emphasizes efficient installation, expert design, and quick dispatch, highlighting a customer-centric approach. It also features an app for iPhone and Android, suggesting a commitment to digital innovation.

Financially, Thermmark Ltd's report reveals some concerning trends. Current assets decreased by 24%, falling to £430,000, while net assets also dropped by 9.5%, reaching £440,000. Bank borrowings increased significantly, rising by 30%, reaching £55,000, and cash reserves plummeted 83%, leaving just £19,000. However, trade debtors decreased by 34%, suggesting improved management of customer payments. The company meets the criteria for a small company, with turnover below £10.2 million, assets under £5.1 million, and fewer than fifty employees. With no auditor mentioned, the financial statements are unaudited.

The increase in bank borrowings and the sharp decline in cash reserves are notable. It's possible that the company is investing in growth, such as expanding its product line or marketing efforts, but the decrease in cash warrants careful monitoring. The decrease in debtors is a positive sign, indicating better collection practices. Overall, Thermmark Ltd appears to be a stable, albeit somewhat cash-strapped, small business navigating the challenges of a competitive market.

Registered in England/Wales under the registration number 08821205, with a registered address at CW12 4XJ, England, Congleton, Cheshire, Thermmark Limited, Second Avenue, Radnor Park Industrial Estate.

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