THERMAL CERAMICS UK LIMITED
Get an alert when THERMAL CERAMICS UK LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
—
Latest balance sheet
Net assets
-£559k
-133.9% lowest in 3 filed years
Employees
60
-3.2% lowest in 3 filed years
Profit before tax
-£2.4m
-91.4% lowest in 3 filed years
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £9,901,000 | £10,160,000 | £10,300,000 | +1.4% | |
| Operating profit | -£1,459,000 | -£956,000 | -£2,073,000 | -116.8% | |
| Profit before tax | -£1,466,000 | -£1,258,000 | -£2,408,000 | -91.4% | |
| Net profit | -£1,339,000 | -£1,106,000 | -£2,268,000 | -105.1% | |
| Cash | £196,000 | £0 | — | — | |
| Total assets less current liabilities | £5,950,000 | £6,091,000 | £3,864,000 | -36.6% | |
| Net assets | £2,851,000 | £1,649,000 | -£559,000 | -133.9% | |
| Equity | £2,851,000 | £1,649,000 | -£559,000 | -133.9% | |
| Average employees | 62 | 62 | 60 | -3.2% | |
| Wages | £3,669,000 | £3,899,000 | £3,920,000 | +0.5% | |
| Directors' remuneration | £187,000 | £236,000 | £211,000 | -10.6% | |
| Directors' pension contributions | £7,000 | £6,000 | £6,000 | 0% | |
| Highest paid director | £160,000 | £198,000 | £171,000 | -13.6% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Operating margin | -14.7% | -9.4% | -20.1% | |
| Net margin | -13.5% | -10.9% | -22.0% | |
| Return on capital employed | -24.5% | -15.7% | -53.6% | |
| Gearing (liabilities / total assets) | 88.5% | 86.5% | 105.4% | |
| Current ratio | 1.09x | 1.22x | 0.91x | |
| Interest cover | -1.44x | -1.27x | -4.96x |
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.
Name history
Renamed 3 times since incorporation
- THERMAL CERAMICS UK LIMITED 1999-07-06 → present
- THERMAL CERAMICS LIMITED 1990-12-31 → 1999-07-06
- MORGANITE THERMAL CERAMICS LIMITED 1988-06-03 → 1990-12-31
- MORGANITE CERAMIC FIBRES LIMITED 1966-10-26 → 1988-06-03
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Deloitte LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“With the Company being loss-making and in a net liabilities position as of 31 December 2025, those forecasts are dependent on Morgan Advanced Materials plc, providing additional financial support during that period”
Group structure
- THERMAL CERAMICS UK LIMITED · parent
- Morganite Thermal Ceramics (Taiwan) Limited 88%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 31 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PRICE, Matthew John | Secretary | 2016-11-14 | — | — |
| HOLTKAMP, Lennart Anthony | Director | 2021-02-22 | Apr 1975 | Dutch |
| PRICE, Matthew John | Director | 2015-05-14 | Jan 1981 | British |
| THOMAS, Michael Gwyn, Dr | Director | 2020-06-10 | Sep 1965 | British |
Show 31 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BAGOT, Stephen | Secretary | 1995-04-10 | 2002-11-20 |
| BOULTON, Paul Andrew | Secretary | 2004-10-31 | 2010-10-31 |
| BUNN, David Victor | Secretary | — | 1995-04-10 |
| CRABB, Josephine Alison | Secretary | 2003-09-23 | 2004-10-31 |
| HALLIDAY, Simon John Rhodes | Secretary | 2010-10-31 | 2016-11-14 |
| MARRINER, Elaine | Secretary | 2002-11-20 | 2003-09-23 |
| BANDHA, Baljinder Kumar | Director | 2014-07-23 | 2015-03-31 |
| BLOOMER, Andrew Robert | Director | 2021-02-22 | 2024-03-05 |
| BLOOMER, Andrew Robert | Director | 2016-11-14 | 2019-01-18 |
| BUNN, David Victor | Director | — | 2000-02-11 |
| COBB, Charles Alfred | Director | 2010-10-31 | 2014-09-10 |
| CRABB, Josephine Alison | Director | 2003-09-23 | 2004-10-31 |
| DODD, Keith Charles | Director | 2015-05-14 | 2018-01-26 |
| FREEMAN, Craig John | Director | 2019-12-04 | 2020-06-10 |
| GOMARSALL, Ralph Ian | Director | 2002-09-27 | 2010-10-31 |
| GUILBERT, Jean Pierre | Director | — | 1999-03-22 |
| HALLIDAY, Simon John Rhodes | Director | 2010-10-31 | 2016-11-14 |
| HAYTER, Timothy William | Director | 2007-03-28 | 2010-09-30 |
| HOSTY, Andrew Joseph, Dr | Director | 2010-10-31 | 2015-10-13 |
| HOWARD, Nigel Grant | Director | — | 1999-06-30 |
| KING, Paul Anthony | Director | 1998-05-05 | 1998-10-30 |
| MARRINER, Elaine | Director | 1999-06-01 | 2003-09-23 |
| PAINTER, Ronald Stuart | Director | 2000-09-08 | 2002-09-27 |
| POLLARD, Richard Alan | Director | 2019-01-18 | 2019-11-08 |
| RECAPET, Jean-Michel | Director | 1992-11-04 | 1999-06-30 |
| RICHARDSON, George Rodney | Director | 2002-09-26 | 2005-01-28 |
| ROBERTS, Jack Roger | Director | — | 1992-11-04 |
| SAINT-MARCH, Yves | Director | — | 1993-05-31 |
| SHARPE, Trevor Douglas | Director | 1999-03-22 | 2001-03-23 |
| SIMONS, John Lawrence | Director | 1994-05-20 | 2010-10-31 |
| THOMAS, Michael Gwyn, Dr | Director | 2010-10-31 | 2019-01-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Morgan Europe Holding Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 261 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-25 | AA | accounts | Accounts with accounts type full | |
| 2026-03-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-23 | AA | accounts | Accounts with accounts type full | |
| 2025-03-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-18 | AA | accounts | Accounts with accounts type full | |
| 2024-03-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-03-05 | TM01 | officers | Termination director company with name termination date | |
| 2023-08-25 | AA | accounts | Accounts with accounts type full | |
| 2023-03-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-15 | AD02 | address | Change sail address company with old address new address | |
| 2022-10-14 | AA | accounts | Accounts with accounts type full | |
| 2022-03-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-06 | AA | accounts | Accounts with accounts type full | |
| 2021-04-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-02-23 | CH01 | officers | Change person director company with change date | |
| 2021-02-23 | AP01 | officers | Appoint person director company with name date | |
| 2021-02-23 | AP01 | officers | Appoint person director company with name date | |
| 2020-10-08 | AA | accounts | Accounts with accounts type full | |
| 2020-06-11 | AP01 | officers | Appoint person director company with name date | |
| 2020-06-11 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.