Thermo Glass Limited

Thermo Glass Ltd, based in Southport, UK, is a small, holding company with an active status, established 37 years ago. The company employs 25 people and holds £919,867 in assets. It’s managed by three directors and one owner, operating from a real address. Thermo Glass is an irregular importer, primarily dealing with electrical machinery and equipment, with its last import activity recorded just one month ago.

The company’s website showcases a business specializing in structural glazing – a technique used in modern architecture to create seamless glass facades. It appears to be a portfolio-based site, displaying projects ranging from commercial buildings like supermarkets and hairdressers to residential installations like swimming pools and even piano restoration. The site's design is dated, with a distinct 2016 aesthetic, and lacks e-commerce functionality. It seems to focus on showcasing completed projects rather than direct sales.

Financially, Thermo Glass Ltd presents a mixed picture. Current assets have decreased by 17%, falling to £920,000, while net assets have also declined by 17%, settling at £660,000. Bank balances have improved, increasing by 20% to £370,000. However, trade debtors have fallen by a significant 33%, suggesting potential difficulties in collecting payments. The company’s small size – meeting two of three conditions for a small company – helps maintain agility. The lack of an auditor mentioned likely means the accounts are unaudited, relying on director-reported data.

Overall, Thermo Glass Ltd appears to be navigating a period of adjustment. While the business continues to secure projects in the structural glazing sector, the decline in current assets and trade debtors suggests potential financial pressures. The company's long-standing presence and experienced management team should help it weather these challenges, but a closer eye on cash flow management will be crucial for sustained success.

Registered in England/Wales under the registration number 02170815, with a registered address at PR8 5AE, England, Southport, 19 St. James Street.

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