Thermatic Technical Fm Limited in Salford, M50 3UP

Description

Data updated on: 01-11-2023

Thermatic Technical Fm came into being in 2017 as a company enlisted under no 10650952, located at M50 3UP Salford at Unit 3. The company has been in business for seven years and its last known status is active. This company's SIC and NACE codes are 43220, that means Plumbing, heat and air-conditioning installation. The business latest annual accounts cover the period up to 2022-12-31 and the most recent annual confirmation statement was released on 2023-07-12.

The data at our disposal that details this particular firm's management implies the existence of three directors: Jack P., Paul D. and Colin T. who became the part of the company on 2022-10-31, 2021-05-04 and 2017-04-01. In order to help the directors in their tasks, the abovementioned limited company has been utilizing the skillset of Eric W. as a secretary since 2021.

The companies that control this firm include: Thermatic Limited owns over 3/4 of company shares and has 3/4 to full of voting rights. This business can be reached in Salford at Unit 3, Sovereign Enterprise Park, M50 3UP.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency

Balance Sheet
Cash Bank On Hand	9 667	81 703		216 310	672 959	805 973
Current Assets	1 019 381	1 125 565	2 193 834	3 684 940	5 332 128	6 922 144
Debtors	1 009 714	1 000 840	1 917 340	3 030 326	3 978 331	6 116 171
Net Assets Liabilities	-29 970	92 971	359 352	829 992	1 714 850	2 723 493
Other Debtors		963	3 863	2 225
Property Plant Equipment		25 712	69 937	97 624	229 105	211 193
Total Inventories		43 022	276 494	438 304	680 838

Other Financial Data
Company Contributions To Money Purchase Plans Directors				960
Compensation For Loss Office Directors						25 000
Director Remuneration				223 507	204 058	145 415
Number Directors Accruing Benefits Under Money Purchase Scheme				1
Accumulated Amortisation Impairment Intangible Assets	37 844	75 687	113 531	151 369	189 467	227 654
Accumulated Depreciation Impairment Property Plant Equipment		1 296	15 452	41 253	102 753	211 754
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss	633	39 285	72 573	40 509	25 518	-905
Amounts Owed By Group Undertakings		498		2 589	13 601	826 428
Amounts Owed To Group Undertakings	324 672	600 000	450 000	109 355	504 479	249 228
Average Number Employees During Period	38	42	78	106	148	156
Creditors	324 672	600 000	450 000	9 045	42 268	33 536
Deferred Tax Asset Debtors	133 399	94 114	21 541
Fixed Assets	340 534	328 403	334 784	324 633	421 510	365 411
Increase From Amortisation Charge For Year Intangible Assets	37 844	37 843	37 844	37 838	38 098	38 187
Increase From Depreciation Charge For Year Property Plant Equipment		1 296	14 156	25 801	61 500	114 911
Intangible Assets	340 534	302 691	264 847	227 009	192 405	154 218
Intangible Assets Gross Cost	378 378	378 378	378 378	378 378	381 872
Net Current Assets Liabilities	-45 832	364 568	474 568	533 372	1 380 094	2 435 199
Other Creditors	134 569	167 637	303 881	921 199	626 415	1 363 436
Other Taxation Social Security Payable	164 192	136 335	242 090	685 774	507 153	575 607
Prepayments Accrued Income	31 023	125 540	26 232	37 090	462 664	257 817
Property Plant Equipment Gross Cost		27 008	85 389	138 877	331 858	422 947
Provisions	-133 399	-94 114	-21 541	18 968	44 486	43 581
Total Additions Including From Business Combinations Intangible Assets	374 672				3 494
Total Additions Including From Business Combinations Property Plant Equipment		27 008	58 381	53 488	192 981	106 632
Total Assets Less Current Liabilities	294 702	692 971	809 352	858 005	1 801 604	2 800 610
Trade Creditors Trade Payables	235 260	305 040	637 698	1 347 035	1 996 310	1 071 292
Trade Debtors Trade Receivables	845 292	779 725	1 865 704	2 988 422	3 482 109	4 406 354
Administrative Expenses			1 839 022	3 534 914	4 007 142	4 488 098
Amortisation Expense Intangible Assets			37 467	37 467	37 464	37 467
Amounts Recoverable On Contracts					680 838	625 572
Applicable Tax Rate				19	19	19
Bank Borrowings Overdrafts			254 877
Bank Overdrafts			254 877
Comprehensive Income Expense				470 640	884 858	1 008 643
Corporation Tax Payable				84 262
Corporation Tax Recoverable					19 957
Cost Sales			4 631 209	8 453 514	12 158 064	14 218 664
Current Tax For Period				84 262
Depreciation Expense Property Plant Equipment			14 156	25 801	55 859	95 356
Disposals Decrease In Depreciation Impairment Property Plant Equipment						5 910
Disposals Property Plant Equipment						15 543
Finance Lease Liabilities Present Value Total				3 943	18 100	21 421
Gain Loss On Disposals Property Plant Equipment						170
Gross Profit Loss			2 179 225	3 723 187	4 801 753	5 499 904
Increase Decrease In Current Tax From Adjustment For Prior Periods					-84 219
Increase Decrease In Property Plant Equipment				13 639	53 550	24 100
Interest Expense On Bank Loans Similar Borrowings				14 345	7 940	4 068
Interest Payable Similar Charges Finance Costs			1 249	14 345	7 940	4 068
Number Shares Issued Fully Paid			1	2	2	2
Operating Profit Loss			340 203	609 756	834 097	1 011 806
Other Deferred Tax Expense Credit				40 509	25 518	-905
Other Operating Income Format1				421 483	39 486
Par Value Share			1	1	1	1
Pension Other Post-employment Benefit Costs Other Pension Costs				117 082	149 188	186 904
Profit Loss			266 381	470 640	884 858	1 008 643
Profit Loss On Ordinary Activities Before Tax			338 954	595 411	826 157	1 007 738
Provisions For Liabilities Balance Sheet Subtotal				18 968	44 486	43 581
Social Security Costs				487 118	717 976	780 252
Staff Costs Employee Benefits Expense				5 042 592	6 779 178	8 431 405
Tax Expense Credit Applicable Tax Rate				113 128	156 970	191 470
Tax Increase Decrease From Effect Capital Allowances Depreciation				10 130	-2 992
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss				1 513	52	67
Tax Tax Credit On Profit Or Loss On Ordinary Activities			72 573	124 771	-58 701	-905
Total Borrowings			254 877	12 988	359 945	1 260 918
Total Current Tax Expense Credit				84 262	-84 219
Total Operating Lease Payments				34 172	21 027	68 205
Turnover Revenue			6 810 434	12 101 437	16 959 817	19 718 568
Wages Salaries				4 438 392	5 912 014	7 464 249
Work In Progress				438 304	680 838