THERMO KING UK LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-08 (in 2mo)
Last made up 2025-06-24
Watchouts
None on the register
Cash
£262K
-82.7% vs 2023
Net assets
-£20M
-728.1% vs 2023
Employees
359
+7.2% vs 2023
Profit before tax
-£17M
-688.3% vs 2023
Name history
Renamed 2 times since incorporation — the current trading name was adopted 2025-08-15
- THERMO KING UK LIMITED 2025-08-15 → present
- MARSHALL THERMO KING LIMITED 1982-12-15 → 2025-08-15
- MARSHALL TRANSPORT REFRIGERATION (CAMBRIDGE) LIMITED 1963-05-02 → 1982-12-15
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £48,843,766 | £67,275,750 | |
| Operating profit | £4,231,824 | -£14,574,323 | |
| Profit before tax | £2,846,885 | -£16,747,253 | |
| Net profit | £4,379,652 | -£18,020,799 | |
| Cash | £1,519,293 | £262,269 | |
| Total assets less current liabilities | -£2,213,846 | -£20,105,883 | |
| Net assets | -£2,475,084 | -£20,495,883 | |
| Equity | -£2,475,084 | -£20,495,883 | |
| Average employees | 335 | 359 | |
| Wages | £13,701,779 | £17,003,794 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 8.7% | -21.7% | |
| Net margin | 9.0% | -26.8% | |
| Return on capital employed | -191.2% | 72.5% | |
| Current ratio | 0.61x | 0.51x | |
| Interest cover | 3.06x | -6.71x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- PricewaterhouseCoopers LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“After making enquiries, the Directors consider that the company has adequate resources to continue operating for the foreseeable future. For this reason, the going concern basis has been adopted in preparing the financial statements.”
Group structure
- THERMO KING UK LIMITED · parent
- Michael Ward Limited 100%
- LH No 2 Limited 100%
- Roadfridge Limited 100%
- PSR Bromley Limited 100%
- PSR Contracts Limited 100%
- Peter Staines Refrigeration Limited 100%
Significant events
- “The loss for the year after tax amounted to £18,020,799 (2023: £4,379,652 profit). The company's profit in the prior financial year included £9 million of funding forgiveness from the parent company.”
- “In the current financial year, the company incurred £3.5 million of exceptional expenses.”
- “In 2023, the Company made a strategic investment totalling £5 million in acquiring several businesses. During 2024, as part of a group reorganisation, the financial balances of these acquired entities were transferred to Thermo King UK Limited through a hive-up process.”
- “On 31 March 2025, the company's former ultimate parent company, Marshall of Cambridge (Holdings) Limited, entered into an agreement with Trane Technologies plc for the sale of Thermo King UK Limited (formerly Marshal Thermo King Limited) and its immediate parent, Thermo King Fleet Solutions Limited (formerly Marshall Fleet Solutions).”
- “The company changed its name from Marshall Thermo King Limited to Thermo King UK Limited on 15 August 2025.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 29 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MURRAY, Orla | Secretary | 2025-03-31 | — | — |
| HAMPSEY, David | Director | 2025-03-31 | Feb 1970 | British |
| MEECHAN, Ronald | Director | 2025-03-31 | Sep 1975 | British |
Show 29 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARKER, Jonathan David | Secretary | — | 2012-05-30 |
| MOYNIHAN, Sarah Jane | Secretary | 2012-05-30 | 2025-03-31 |
| BAIGENT, Clifford James | Director | — | 1998-07-31 |
| BLOOMFIELD, Michael Anthony | Director | — | 1996-11-29 |
| CALLAGHAN, Peter William | Director | 2009-12-08 | 2012-12-31 |
| COATES, Thomas William | Director | 2002-06-01 | 2003-01-21 |
| DASTUR, William Charles Mason | Director | 1996-11-18 | 2016-04-30 |
| DEAN, Bonnie Phillips | Director | 2004-08-02 | 2006-10-13 |
| EDEY, Pamela | Director | 1998-07-06 | 1998-09-07 |
| EVERETT, Oliver Richard Sworder | Director | 1998-07-06 | 2001-11-09 |
| FABEN, Nigel Bertram John | Director | — | 2009-12-31 |
| FOSTER, Mark Simon | Director | 2001-06-01 | 2002-10-07 |
| GEDNEY, Edward Owen | Director | 2016-05-01 | 2017-08-16 |
| GEDNEY, Edward Owen | Director | 2006-11-01 | 2011-08-31 |
| GREGORY, Steven Howard | Director | 2001-06-01 | 2002-04-19 |
| HEAFORD, David John | Director | 2024-11-28 | 2025-03-31 |
| HOWELL, Mark Nigel | Director | 2018-12-03 | 2024-12-18 |
| HOWELLS, Andrew John | Director | 2011-05-13 | 2013-12-31 |
| JOHNSON, Peter William | Director | — | 1995-02-28 |
| KNIGHT, Roger Michael | Director | 1996-10-23 | 2007-12-31 |
| LACEY, Colin Francis | Director | 1998-07-06 | 1999-05-28 |
| LAUD, Francis | Director | 2016-04-30 | 2022-01-25 |
| MARSHALL, Michael John, Sir | Director | — | 2016-10-01 |
| MARSHALL, Robert David | Director | 2006-01-01 | 2019-06-24 |
| OLIVER, Colin George | Director | 2002-08-01 | 2004-07-30 |
| PERKINS, Jane Louise | Director | 2022-01-25 | 2024-07-31 |
| PETTITT, Alison Jane | Director | 2009-12-08 | 2013-10-31 |
| RALPH, George Alexander | Director | 2014-01-01 | 2018-12-05 |
| WILLIAMS, Gareth | Director | 2024-09-26 | 2025-03-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Marshall Fleet Solutions Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 192 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-08-15 CERTNM Certificate change of name company
- 2025-08-15 NM06 Change of name request comments
- 2025-08-15 CONNOT Change of name notice
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-10 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-12-29 | AA | accounts | Accounts with accounts type full | |
| 2025-08-15 | CERTNM | change-of-name | Certificate change of name company | |
| 2025-08-15 | NM06 | change-of-name | Change of name request comments | |
| 2025-08-15 | CONNOT | change-of-name | Change of name notice | |
| 2025-07-15 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-03-31 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-31 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-03-31 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-31 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-03-31 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-31 | TM01 | officers | Termination director company with name termination date | |
| 2025-03-31 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-03-31 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-03-31 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-02-18 | RP04CS01 | confirmation-statement | Second filing of confirmation statement with made up date | |
| 2025-02-13 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-12-19 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-12 | AP01 | officers | Appoint person director company with name date | |
| 2024-09-26 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 6
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+37.7%
£48,843,766 £67,275,750
-
Cash
-82.7%
£1,519,293 £262,269
-
Net assets
-728.1%
-£2,475,084 -£20,495,883
-
Employees
+7.2%
335 359
-
Operating profit
-444.4%
£4,231,824 -£14,574,323
-
Profit before tax
-688.3%
£2,846,885 -£16,747,253
-
Wages
+24.1%
£13,701,779 £17,003,794
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