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THERMAL ECONOMICS LIMITED

Company TypePrivate Limited
Company Number01665995
Incorporated1982-09-21
IndustryAgents involved in the sale of timber and building materials
Websitewww.thermal-economics.co.uk
Phone Number01582 450814
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

THERMAL ECONOMICS LIMITED was formed on the 21st September 1982 (filed on the 19th July 2017) , and are based in Bedfordshire, 8 Cardiff Road. They are currently rated A and are considered to represent a below average risk score. Their credit score was last updated on 28th July 2017. Companies house classifies them as Full Accounts. This information was last updated on the 4th September 2017.

In 2016, they made a post-tax profit of £2,352,060 on a turnover of £18,585,277 (up 8% from 2015) .

There are 3 major shareholders listed for THERMAL ECONOMICS LIMITED with Hugo Brown owning the most shares by value.

Addresses

Registered address

8 Cardiff Road
Luton
Bedfordshire
LU1 1PP

Trading address

8 Cardiff Road
Luton
Bedfordshire
LU1 1PP

Financials

31st October 2016 31st October 2015 31st October 2014 31st October 2013 31st October 2012
Cash £99,762 £92,310 £373,552 £376,099 £303,027
Tangible net worth £1,558,084 £1,106,024 £1,772,350 £2,187,955 £1,823,895
Current liabilities £3,463,427 £3,446,059 £2,885,338 £1,364,543 £1,108,527
Current assets £4,574,575 £4,097,954 £4,212,511 £3,135,062 £2,509,263
31st October 2016 31st October 2015 31st October 2014 31st October 2013 31st October 2012
Solvency ratios
Current ratio 1.32 1.19 1.46 2.30 2.26
Efficiency ratios
Return on assets 0.47 0.48 0.33 - -
Return on capital employed 1.89 2.47 1.11 - -
Gearing ratios
Debt to equity ratio 1733.68 1724.89 1444.12 683.94 555.74
Equity ratio 0.00 0.00 0.00 0.00 0.00
Debt ratio - - - - -
Other ratios
Debtor days - - - - -
Interest cover 503.65 449.24 - - -

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Details of 3 mortgages available.

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