Thermo-floor Uk Ltd

Thermo-Floor UK Ltd, based in Syston, UK, is a small, family-run business with an active status. Founded thirteen years ago in 2011, it employs twenty people and holds £933,306 in assets. The company operates from a virtual address, registered with seventy-seven other businesses, and is overseen by four directors and two owners. It’s a tight-knit operation, though the list of owners changed four years ago.

Thermo-Floor specializes in plumbing, heat, and air-conditioning installation. It’s an irregular importer of plastics and plastic products, with just one month of import activity recorded as of March 2022. It also exports machinery, boilers, and mechanical appliances, with two months of export activity as of January 2024. The company's website highlights its expertise in underfloor heating and cooling systems, offering a range of solutions from compact floor heating to wall heating and heat pumps. It even provides design services and showcases case studies of its projects.

Financially, Thermo-Floor shows some mixed signals. Current assets decreased by 7.8% to £930,000, while net assets plummeted 45% to just £45,000. Bank borrowings remain unchanged, and cash reserves fell 25% to £740. Trade creditors decreased by 40%, suggesting better debt management. 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 stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Thermo-Floor UK Ltd appears to be navigating a period of financial adjustment. Its focus on energy-efficient heating and cooling solutions, combined with its family-run ethos, suggests a long-term commitment to the market—though whether it can sustain its current trajectory remains to be seen.

Registered in England/Wales under the registration number 07858640, with a registered address at LE7 1NF, Syston, Leicestershire, 63 Fosse Way.

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