THERMCO SYSTEMS LIMITED Financials
- Company number
- 04966845CopyCopy
- Registered office
- Highfield, Rock Road, Washington, Pulborough, West Sussex RH20 3BH
- Incorporated
- 17/11/2003
Company snapshot
- Status
- Active
- Employees
- 43 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-0.89%vs 20242024: £1.63M
Total Assets
-3.02%vs 20242024: £5.99M
Cash in Bank
134.89%vs 20242024: £168.66K
Total Liabilities
-3.29%vs 20242024: £4.23M
Employees
+1vs 20242024: 42
In 2025, THERMCO SYSTEMS LIMITED reported net assets of £1.62M. The same filing shows total assets of £5.81M, cash in bank of £396.17K and total liabilities of £4.09M. Reported headcount was 43 in 2025. Cash in Bank rose from £168.66K in 2024 to £396.17K in 2025 (134.89%). 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
-0.89%from £1.63M 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 THERMCO SYSTEMS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+4.9%vs 2023+2.4% a year compound (CAGR)
Cash in Bank
-58.9%vs 2023-35.9% a year compound (CAGR)
Total Assets
+19.5%vs 2023+9.3% a year compound (CAGR)
Total Liabilities
+25.4%vs 2023+12% a year compound (CAGR)
Employees
+7.5%vs 2023+3Biggest increase
Total Liabilities+25.4%
£3.26M in 2023 to £4.09M in 2025
Biggest decrease
Cash in Bank-58.9%
£964.66K in 2023 to £396.17K in 2025
THERMCO SYSTEMS LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from THERMCO SYSTEMS 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
- 27.82%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.
- Liabilities to total assets
- 70.41%2025
- 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.
- Cash to liabilities
- 9.68%2025
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 6.82%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for THERMCO SYSTEMS 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£ | 2.01M | 1.61M | 1.54M | 1.63M | 1.62M |
| Total Assets£ | 4.61M | 4.54M | 4.86M | 5.99M | 5.81M |
| Cash in Bank£ | 1.20M | 192.51K | 964.66K | 168.66K | 396.17K |
| Total Liabilities£ | 2.56M | 2.89M | 3.26M | 4.23M | 4.09M |
| Employees | 40 | 42 | 40 | 42 | 43 |
THERMCO SYSTEMS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for THERMCO SYSTEMS LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
THERMCO SYSTEMS LIMITED reported net assets of £1.62M for 2025. That compares with £1.63M in 2024, a change of -0.89%.
THERMCO SYSTEMS LIMITED reported total assets of £5.81M for 2025. That compares with £5.99M in 2024, a change of -3.02%.
THERMCO SYSTEMS LIMITED reported cash in bank of £396.17K for 2025. That compares with £168.66K in 2024, a change of 134.89%.
THERMCO SYSTEMS LIMITED reported 43 employees in 2025, compared with 42 in 2024.
Between 2023 and 2025, THERMCO SYSTEMS LIMITED's net assets rose by 4.9%, cash in bank fell by 58.9%, total assets rose by 19.5% and total liabilities rose by 25.4%. Net assets compounded at 2.4% a year across the two years to 2025, from £1.54M to £1.62M. Reported headcount went from 40 in 2023 to 43 in 2025 (+3).
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.