THERMAL CERAMICS UK LIMITED

1. THERMAL CERAMICS UK LIMITED 1999-07-06 → present
2. THERMAL CERAMICS LIMITED 1990-12-31 → 1999-07-06
3. MORGANITE THERMAL CERAMICS LIMITED 1988-06-03 → 1990-12-31
4. MORGANITE CERAMIC FIBRES LIMITED 1966-10-26 → 1988-06-03

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

Deloitte LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared forecasts which indicate that, taking account of reasonably possible downsides, the company will have sufficient funds to meet its liabilities as they fall due. Those forecasts are dependent on Morgan Advanced Materials plc providing additional financial support during that period. Morgan Advanced Materials plc has indicated its intention to continue to make available such funds as are needed by the company for a period of no less than 12 months from the date of approval of these financial statements. A letter of support has been issued by Morgan Advanced Materials plc to confirm this position. The Board, after making enquiries, and in the absence of any material uncertainties, have a reasonable expectation that the Company has adequate resources to continue in operational existence for a period of 12 months from the date of signing this Annual Report and Accounts. Accordingly, they continue to adopt the going concern basis in preparing the Annual Report and Accounts.”

Group structure

1. THERMAL CERAMICS UK LIMITED · parent
   1. Morganite Thermal Ceramics (Taiwan) Limited 88% · Taiwan

Significant events

• “Debtors have decreased from 2023 by 70.0% to £5,466,000 due to repayment of a loan owed by group undertakings during 2024. Creditors falling due within one year decreased to £6,087,000 due to ultimate parent loan repayment. Creditors due after one year increased by £1,359,000 from a new loan drawdown.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  -2.5%

  £9,901,000 → £9,653,000

• Cash

  -100%

  £196,000 → £0

• Net assets

  -42.2%

  £2,851,000 → £1,649,000

• Employees

  0%

  62 → 62

• Operating profit

  +34.5%

  -£1,459,000 → -£956,000

• Profit before tax

  +14.2%

  -£1,466,000 → -£1,258,000

• Wages

  +6.3%

  £3,669,000 → £3,899,000

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