Thermofluidics Ltd.

Thermofluidics Ltd, based in Witney, UK, is a small, active company established 19 years ago. It employs seven people and holds £160,593 in assets, operating from a real address. With three directors and two owners, the company is a regular exporter of electrical machinery and equipment (4 months exported) but an irregular importer (2 months imported). Its website highlights a focus on technology for a brighter future, showcasing its flagship Impact Pump and ongoing research into solar-powered chlorination and other energy-water solutions.

The company’s core business revolves around exploiting synergies between energy processes and water services, aiming to improve access to both. It’s a research and development company, with a focus on innovation in areas like solar photovoltaic-powered water pumping and novel ultra-low-cost measurement using acoustics. The website details a range of products in development, including solar thermochemical heat storage and solarelectrolytic chlorination.

Financially, Thermofluidics Ltd shows some concerning trends. Cash bank on hand dropped by a significant 54%, falling to £88,000, while net assets also declined by 43%, reaching £140,000. Average number of employees during the period decreased by 43%, down to just four. Creditors decreased by 63%, which is good, but trade debtors also fell by 38%. 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 nimble, but the drop in cash reserves and equity raises questions about its financial health. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. It's a bit of a mixed bag, really.

Registered in England/Wales under the registration number 05699418, with a registered address at OX28 4YR, United Kingdom, Witney, Oxfordshire, Unit 1c, Eagle Industrial Estate, Church Green.

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