Thermosense Ltd

Thermosense Ltd is a small, active company based in Bourne End, UK, founded eighteen years ago in 2006. With 28 employees and £1,172,698 in assets, it operates from a virtual address, a common situation for smaller businesses, and is managed by one director and two owners. The company is a family business, and regularly imports and exports optical and medical tools and devices—a total of 369 months of imports and 130 months of exports recorded.

The company’s website showcases a wide range of temperature and process measurement products, including thermocouples, RTDs, cables, connectors, and calibration services. It’s clear they cater to industrial applications, with sections dedicated to aerospace, oil & gas, plastics, and automotive industries. They even offer bespoke manufacturing and calibration services, indicating a focus on specialized solutions. The website doesn't suggest an e-commerce presence; instead, it functions as a detailed product catalog and information hub, likely targeting B2B customers.

Financially, Thermosense Ltd presents a mixed picture. While current assets increased by 28% to £1,200,000, net assets also rose by 25% to £720,000. However, bank borrowings jumped a significant 87% to £47,000, and cash reserves declined by 27% to £40,000. Trade debtors have also risen substantially, increasing by 51% to £360,000, which could indicate slower payments from customers. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s exempt from a full audit, relying on unaudited statements.

The increase in bank borrowings, despite rising assets, suggests Thermosense Ltd might be investing in its operations—perhaps expanding its product line or increasing stock levels. The rise in trade debtors could be a temporary blip, or a sign of needing to tighten credit terms. Overall, the company appears to be growing, but it’s important to monitor its cash flow and debt levels to ensure sustainable growth.

Registered in England/Wales under the registration number 05847175, with a registered address at SL8 5TD, United Kingdom, Bourne End, Buckinghamshire, Fawley House 2 Regatta Place, Marlow Road.

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