Thermogroup Ltd

Thermogroup Ltd, based in Marden, UK, is a small holding company with an active status, having been incorporated thirteen years ago in February 2012. Employing thirty-four people, the company holds assets totaling £2,565,509. While it has a registered address, thirteen companies share this location, suggesting a virtual address. The company is led by four directors and owned by two individuals – Tguk Holdings Ltd and Bell Alistair Richard. It regularly imports and exports electrical machinery and equipment, with nineteen months of import activity and ninety-seven months of export activity recorded, the latest in February 2025.

The company’s website, ThermoSphere, showcases a diverse range of electric heating products, manufactured in Great Britain. It’s not a pure e-commerce site, but rather a platform highlighting its product lines – underfloor heating, thermostats, towel bars, radiators, boilers, and accessories – and directing customers to a network of retailers. The site emphasizes British manufacturing, energy efficiency, and a commitment to customer support, with case studies demonstrating installations in high-profile locations like Ten Trinity Square and the Landmark Pinnacle. It’s a very professional looking site.

Financially, Thermogroup Ltd’s recent performance presents a mixed picture. Current assets have decreased by 16%, falling to £2,600,000, while net assets remained steady at £860,000. Bank borrowings have decreased by 19%, dropping to £800,000, and cash reserves have fallen 24% to £180,000. Trade debtors have increased by 7.4%, suggesting a possible delay in customer payments, and creditors have decreased by 8.8%, indicating 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) allows for flexibility, but the decrease in cash reserves is something to keep an eye on. There is no auditor mentioned, likely due to its small size and exemption from an audit. The company’s financials are unaudited.

Overall, Thermogroup Ltd seems to be navigating a competitive market, relying on its British manufacturing heritage and network of retailers to sustain its business.

Registered in England/Wales under the registration number 07964492, with a registered address at TN12 9QJ, United Kingdom, Marden, Kent, Bridge House, Pattenden Lane.

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