THERMOCABLE (FLEXIBLE ELEMENTS) LIMITED

1. THERMOCABLE (FLEXIBLE ELEMENTS) LIMITED 1978-12-31 → present
2. THERMO INSULATION (YORKSHIRE) LIMITED 1963-01-23 → 1978-12-31

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements have been prepared on a going concern basis. In adopting the going concern basis the Directors have considered the Company's business activities, together with the main trends and factors likely to affect its future development, performance and position, and the financial position of the Company as at 31 March 2025 and at the approval date of these financial statements, its cash flows, liquidity position and borrowing facilities. The Directors have prepared forecasts up to 31 December 2026, and these forecasts show that the Company is expected to remain profitable and even in a severe but plausible downside scenarios the Company is still able to meet its debts as they fall due. The Directors have a high level of confidence that despite the current economic uncertainty the Company has access to the necessary liquid resources to meet its liabilities as they fall due and will be able to sustain its business model, strategy and operations and remain solvent for the foreseeable future even in the event of the severe but plausible downside scenarios. Thus, the Directors believe there is no material uncertainty in the use of the going concern assumption.”

Significant events

• “As part of its ongoing commitment to invest in its infrastructure and workforce, the company signed a lease on a new 42,000 square feet factory in January 2025 and is planning to move all of its operations from the existing site to the brand-new purpose-built facility in August 2025. The factory move will significantly increase operational capacity and allow for the future expansion plans as well as giving us the ability significantly increase output in the short to medium term.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +28.7%

  £6,944,776 → £8,937,662

• Cash

  -100%

  £803,864 → £0

• Net assets

  +7.9%

  £3,745,068 → £4,039,963

• Employees

  +13.3%

  30 → 34

• Operating profit

  +17.9%

  £2,527,832 → £2,979,386

• Profit before tax

  +17.7%

  £2,617,646 → £3,081,322

• Wages

  +26.6%

  £1,424,615 → £1,803,554

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers