THERMOGROUP LTD Financials
- Company number
- 07964492CopyCopy
- Registered office
- Bridge House, Pattenden Lane, Marden, Kent TN12 9QJ
- Incorporated
- 24/02/2012
Company snapshot
- Status
- Active
- Employees
- 28 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-23.26%vs 20232023: £729.98K
Total Assets
-2.44%vs 20232023: £4.32M
Cash in Bank
71.22%vs 20232023: £158.12K
Total Liabilities
-0.56%vs 20232023: £2.69M
Employees
-4vs 20232023: 32
In 2024, THERMOGROUP LTD reported net assets of £560.18K. The same filing shows total assets of £4.21M, cash in bank of £270.75K and total liabilities of £2.68M. Reported headcount was 28 in 2024. Net Assets fell from £729.98K in 2023 to £560.18K in 2024 (-23.26%). Okredo holds filed figures for 2021–2024; 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
-23.26%from £729.98K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures THERMOGROUP LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-36.4%vs 2022-20.3% a year compound (CAGR)
Cash in Bank
+14.6%vs 2022+7.1% a year compound (CAGR)
Total Assets
-12.1%vs 2022-6.2% a year compound (CAGR)
Total Liabilities
-14.1%vs 2022-7.3% a year compound (CAGR)
Employees
-17.6%vs 2022-6Biggest increase
Cash in Bank+14.6%
£236.15K in 2022 to £270.75K in 2024
Biggest decrease
Net Assets-36.4%
£881.47K in 2022 to £560.18K in 2024
THERMOGROUP LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from THERMOGROUP LTD'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
- 13.29%2024
- 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
- 63.56%2024
- 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
- 10.11%2024
- 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
- 6.42%2024
- 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 THERMOGROUP LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 774.32K | 881.47K | 729.98K | 560.18K |
| Total Assets£ | 4.29M | 4.79M | 4.32M | 4.21M |
| Cash in Bank£ | 52.09K | 236.15K | 158.12K | 270.75K |
| Total Liabilities£ | 2.69M | 3.12M | 2.69M | 2.68M |
| Employees | 31 | 34 | 32 | 28 |
THERMOGROUP LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for THERMOGROUP LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
THERMOGROUP LTD reported net assets of £560.18K for 2024. That compares with £729.98K in 2023, a change of -23.26%.
THERMOGROUP LTD reported total assets of £4.21M for 2024. That compares with £4.32M in 2023, a change of -2.44%.
THERMOGROUP LTD reported cash in bank of £270.75K for 2024. That compares with £158.12K in 2023, a change of 71.22%.
THERMOGROUP LTD reported 28 employees in 2024, compared with 32 in 2023.
Between 2022 and 2024, THERMOGROUP LTD's net assets fell by 36.4%, cash in bank rose by 14.6%, total assets fell by 12.1% and total liabilities fell by 14.1%. Net assets contracted at 20.3% a year across the two years to 2024, from £881.47K to £560.18K. Reported headcount went from 34 in 2022 to 28 in 2024 (-6).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.