THERMOTOOL ENGINEERING LIMITED Financials
- Company number
- 09270272CopyCopy
- Registered office
- Unit 1&3 Raymar Business Park, Axe Road, Bridgwater TA6 5LJ
- Incorporated
- 20/10/2014
Company snapshot
- Status
- Active
- Employees
- 12 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
3.75K%vs 20242024: £341.00
Total Assets
38.42%vs 20242024: £278.44K
Cash in Bank
-76.41%vs 20222022: £19.14K
Total Liabilities
33.87%vs 20242024: £278.10K
Employees
-2vs 20242024: 14
In 2025, THERMOTOOL ENGINEERING LIMITED reported net assets of £13.13K. The same filing shows total assets of £385.41K, cash in bank of £4.51K and total liabilities of £372.28K. Reported headcount was 12 in 2025. Total Assets rose from £278.44K in 2024 to £385.41K in 2025 (38.42%). 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
3.75K%from £341.00 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 THERMOTOOL ENGINEERING LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
+6%vs 2023+2.9% a year compound (CAGR)
Total Assets
+45.3%vs 2023+20.5% a year compound (CAGR)
Total Liabilities
+98.7%vs 2023+41% a year compound (CAGR)
Employees
+20%vs 2023+2Biggest increase
Total Liabilities+98.7%
£187.35K in 2023 to £372.28K in 2025
Every indicator Okredo holds for THERMOTOOL ENGINEERING LIMITED rose between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with net assets, total assets and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from THERMOTOOL 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
- 3.41%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
- 96.59%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
- 2.41%2023
- 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
- 1.70%2023
- 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 THERMOTOOL 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£ | -58.11K | 8.28K | 12.39K | 341.00 | 13.13K |
| Total Assets£ | 251.78K | 265.48K | 265.32K | 278.44K | 385.41K |
| Cash in Bank£ | 30.20K | 19.14K | 4.51K | – | – |
| Total Liabilities£ | 309.89K | 191.52K | 187.35K | 278.10K | 372.28K |
| Employees | 10 | 12 | 10 | 14 | 12 |
THERMOTOOL ENGINEERING LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for THERMOTOOL ENGINEERING LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
THERMOTOOL ENGINEERING LIMITED reported net assets of £13.13K for 2025. That compares with £341.00 in 2024, a change of 3.75K%.
THERMOTOOL ENGINEERING LIMITED reported total assets of £385.41K for 2025. That compares with £278.44K in 2024, a change of 38.42%.
THERMOTOOL ENGINEERING LIMITED reported cash in bank of £4.51K for 2023. That compares with £19.14K in 2022, a change of -76.41%.
THERMOTOOL ENGINEERING LIMITED reported 12 employees in 2025, compared with 14 in 2024.
Between 2023 and 2025, THERMOTOOL ENGINEERING LIMITED's net assets rose by 6%, total assets rose by 45.3%, total liabilities rose by 98.7% and employee numbers rose by 20%. Net assets compounded at 2.9% a year across the two years to 2025, from £12.39K to £13.13K. Reported headcount went from 10 in 2023 to 12 in 2025 (+2).
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.