THERMATEC ENGINEERING LIMITED Financials
- Company number
- SC445178Copy
Copy - Registered office
- 26 Henryson Crescent, Larbert, Stirlingshire FK5 4GH
- Incorporated
- 15/03/2013
Company snapshot
- Status
- Active
- Employees
- 8 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
4.27%vs 20242024: £285.42K
Total Assets
12.88%vs 20242024: £448.17K
Total Liabilities
27.99%vs 20242024: £162.75K
Employees
+2vs 20242024: 6
In 2025, THERMATEC ENGINEERING LIMITED reported net assets of £297.61K. The same filing shows total assets of £505.91K and total liabilities of £208.31K. Reported headcount was 8 in 2025. Total Assets rose from £448.17K in 2024 to £505.91K in 2025 (12.88%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
4.27%from £285.42K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures THERMATEC ENGINEERING LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+3%vs 2023+1.5% a year compound (CAGR)
Total Assets
+1.1%vs 2023+0.6% a year compound (CAGR)
Total Liabilities
-1.5%vs 2023-0.7% a year compound (CAGR)
Employees
0%vs 2023Biggest increase
Net Assets+3%
£288.82K in 2023 to £297.61K in 2025
Biggest decrease
Total Liabilities-1.5%
£211.40K in 2023 to £208.31K in 2025
THERMATEC ENGINEERING LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from THERMATEC ENGINEERING LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 58.83%2025
- Liabilities to total assets
- 41.17%2025
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for THERMATEC ENGINEERING LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 182.92K | 213.01K | 288.82K | 285.42K | 297.61K |
| Total Assets£ | 329.03K | 353.06K | 500.22K | 448.17K | 505.91K |
| Cash in Bank£ | – | – | – | – | – |
| Total Liabilities£ | 146.11K | 140.05K | 211.40K | 162.75K | 208.31K |
| Employees | 8 | 5 | 8 | 6 | 8 |
THERMATEC ENGINEERING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has THERMATEC ENGINEERING LIMITED filed financial statements?
Yes. Okredo holds filed figures for THERMATEC ENGINEERING LIMITED covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.
What net assets did THERMATEC ENGINEERING LIMITED report in 2025?
THERMATEC ENGINEERING LIMITED reported net assets of £297.61K for 2025. That compares with £285.42K in 2024, a change of 4.27%.
What total assets did THERMATEC ENGINEERING LIMITED report in 2025?
THERMATEC ENGINEERING LIMITED reported total assets of £505.91K for 2025. That compares with £448.17K in 2024, a change of 12.88%.
What total liabilities did THERMATEC ENGINEERING LIMITED report in 2025?
THERMATEC ENGINEERING LIMITED reported total liabilities of £208.31K for 2025. That compares with £162.75K in 2024, a change of 27.99%.
How many people does THERMATEC ENGINEERING LIMITED employ?
THERMATEC ENGINEERING LIMITED reported 8 employees in 2025, compared with 6 in 2024.
How have THERMATEC ENGINEERING LIMITED financials changed over the last 3 years?
Between 2023 and 2025, THERMATEC ENGINEERING LIMITED's net assets rose by 3%, total assets rose by 1.1%, total liabilities fell by 1.5% and employee numbers was unchanged. Net assets compounded at 1.5% a year across the two years to 2025, from £288.82K to £297.61K. Reported headcount went from 8 in 2023 to 8 in 2025.
Which years of THERMATEC ENGINEERING LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.