Thermal Dynamics Technical Services Ltd
Registered name: THERMAL DYNAMICS TECHNICAL SERVICES LTD
Thermal Dynamics Technical Services Ltd made £198k revenue and a £26.4k loss in the year to 31 Mar 2025.
Thermal Dynamics Technical Services Ltd’s revenue fell 43% to £198k in the year to 31 Mar 2025, with a loss of £26.4k and 3 employees. The company is classified under “repair of electrical equipment” and is based in 1 Sackville Street; we hold 3 years of its filed accounts.
- Status
- Liquidation
- Location
- 1 Sackville Street, Northern Ireland
- Age
- 6 yrs · since 2019
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £437k | £349k | £198k |
| Profit after tax | £18.4k | −£27.8k | −£26.4k |
| Profit (best available) | £18.4k | −£27.8k | −£26.4k |
| Staff costs | £148k | £156k | £136k |
| Employees (average) | — | 4 | 3 |
| Ratios | |||
| Profit margin | 4.2% | −8% | −13.3% |
| Revenue per employee | — | £87.2k | £66k |
| Profit per employee | — | −£7k | −£8.8k |
| Growth (year on year) | |||
| Revenue growth | — | ▼20.2% | ▼43.2% |
| Profit growth | — | ▼251.1% | — |
| Headcount growth | — | — | ▼25% |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | −£19.7k | −£50.3k | −£114k |
| Fixed assets | £4.7k | £3.3k | — |
| Current assets | £135k | £192k | £133k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- −13.3%
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £66k
- Revenue ÷ average employees.
- Profit per employee
- −£8.8k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now −£114k
- Cash at bank
- —
- Now —
- Headcount
- ▼25%
- Now 3
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Similar profitable businesses
- Techeds LimitedNorwich · Repair of electrical equipment
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- £208k
- Profit
- £15k
- Staff
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- Capital Gas & Heating Services LimitedNorthwood Hills · Repair of electrical equipment
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- Profit
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- Adams Electrical LtdAberdeen · Repair of electrical equipment
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- Profit
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- Finic Electrical Services LtdBude · Repair of electrical equipment
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- Profit
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- KJM Vacuum Pump Engineering LimitedLowestoft · Repair of electrical equipment
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- Profit
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- R & M Electrical LimitedStaines-Upon-Thames · Repair of electrical equipment
- Revenue
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- Profit
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£26.4k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.