THATCHAM RESEARCH
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Cash
£15M
+34.2% vs 2023
Net assets
£5.3M
+88% vs 2023
Employees
265
+4.7% vs 2023
Profit before tax
£948K
+648% vs 2023
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | £25,888,000 | £29,453,000 | +13.8% | |
| Operating profit | -£236,000 | £732,000 | +410.2% | |
| Profit before tax | -£173,000 | £948,000 | +648% | |
| Net profit | £19,000 | £1,512,000 | +7,857.9% | |
| Cash | £11,229,000 | £15,065,000 | +34.2% | |
| Total assets less current liabilities | £29,845,000 | £33,167,000 | +11.1% | |
| Net assets | £2,831,000 | £5,323,000 | +88% | |
| Equity | £2,831,000 | £5,323,000 | +88% | |
| Average employees | 253 | 265 | +4.7% | |
| Wages | £11,809,000 | £13,755,000 | +16.5% | |
| Directors' remuneration | £589,000 | £842,000 | +43% |
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 |
|---|---|---|---|
| Operating margin | -0.9% | 2.5% | |
| Net margin | 0.1% | 5.1% | |
| Return on capital employed | -0.8% | 2.2% | |
| Gearing (liabilities / total assets) | 90.9% | 84.6% | |
| Current ratio | 12.33x | 12.61x | |
| Interest cover | -0.87x | 2.58x |
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 2 times since incorporation
- THATCHAM RESEARCH 2016-09-01 → present
- THE MOTOR INSURANCE REPAIR RESEARCH CENTRE 1996-11-12 → 2016-09-01
- THE MOTOR INSURANCE REPAIR RESEARCH CENTRE LIMITED 1969-12-05 → 1996-11-12
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Crowe U.K. LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Group has cash resources and has no further requirement for external funding in excess of current facilities. The Directors have a high expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. In making their assessment, the Directors have considered the Group's ability to continue to service its members and customers. They continue to believe that the going concern basis of accounting is appropriate in preparing the annual financial statements.”
Group structure
- THATCHAM RESEARCH · parent
- Gamston Aviation Limited 100%
- Thatcham Ventures Limited 100%
Significant events
- “In February 2024, the Company signed a contract with LexisNexis Risk Solutions, which should provide a significant uplift to data/risk rating revenues over the coming years.”
- “During the year turnover increased from £25.9M to £29.5M. The surplus before tax for the year is £0.9M (2023 deficit: £0.2M).”
- “The Consolidated balance sheet is in a net asset position of £5.32M (2023: £2.83M), the increase due to a combination of the surplus for the year, corporation tax credits from 2022 and 2023 and a favourable 2024 defined benefit pension scheme movement.”
- “During 2024 the Company made payments of £0.7M (2023: £0.7M) into that scheme, which was closed for further accrual in 2007.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
14 active · 86 resigned
Showing the first 100 officers on file — Companies House returns these 100 per page and this record sits at that limit, so the list (and any former officers) may be incomplete. Full register on Companies House
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MEIKLE, Susanna Jane | Secretary | 2022-03-24 | — | — |
| AMOS, Sarah | Director | 2025-05-15 | Apr 1984 | British |
| BELL, Michael Alan | Director | 2020-12-03 | Jul 1970 | British |
| CAPLAN, Nicholas Michael | Director | 2025-01-01 | Jun 1959 | British |
| COLES, John Raymond | Director | 2025-04-03 | Aug 1983 | British |
| COOPER, Helen France | Director | 2024-03-14 | Jul 1983 | British |
| COX, Matthew Jasper | Director | 2025-05-23 | Jun 1980 | British |
| HEWETT, Jonathan David | Director | 2019-01-07 | Jul 1968 | British |
| LLOYD, Joanne Michelle | Director | 2024-05-13 | Jan 1976 | British |
| LONG, Stephen | Director | 2023-02-20 | Feb 1980 | British |
| MCRITCHIE, Ruth Elizabeth | Director | 2022-03-24 | May 1964 | British |
| NICHOLS, David Charles George | Director | 2017-09-20 | Mar 1973 | British |
| SMITH, Simon Andrew | Director | 2011-09-26 | Apr 1973 | British |
| WILLIAMS, Sarah-Jayne | Director | 2021-04-01 | Nov 1973 | British |
Show 86 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MATTHEWS, Barbara Carol Anne | Secretary | 1998-05-11 | 2004-11-11 |
| MCRITCHIE, Ruth Elizabeth | Secretary | 2009-11-19 | 2022-03-24 |
| MILSTEAD, Alan Richard | Secretary | 1991-12-05 | 1998-03-06 |
| ONSLOW, Keith Martin, Director Of Finance | Secretary | 2006-12-31 | 2009-11-19 |
| ROBERTS, Kenneth | Secretary | — | 1991-12-05 |
| STAMP, Christopher David | Secretary | 2004-11-11 | 2006-12-31 |
| AGIUS, Leslie Arthur | Director | — | 1995-06-30 |
| ANDERSON, Philip Raymond | Director | 1995-08-31 | 2000-07-13 |
| BAKER, Mark Anthony | Director | 2018-03-28 | 2025-03-13 |
| BERRY, Michael Edward | Director | — | 1992-07-23 |
| BROWNHILL, Jack Ronald | Director | 2002-07-10 | 2005-11-10 |
| BURNAP, Nicholas | Director | 2004-07-09 | 2008-09-22 |
| CHAPLAIN, Paul | Director | 2002-07-10 | 2007-12-31 |
| COLE, Gregory | Director | 2019-03-27 | 2019-12-19 |
| COPPING, Teresa Christine | Director | 2010-04-29 | 2011-09-26 |
| CURRIE, Ian Dennis | Director | 2012-09-20 | 2018-03-28 |
| DELL, Philip John | Director | 1992-07-23 | 1997-04-14 |
| DIBLEY, Mark Edward | Director | 2009-09-22 | 2019-01-29 |
| DOBINSON, Henry Roy | Director | — | 1994-12-31 |
| DUNHAM, William John | Director | 1998-07-16 | 2000-01-19 |
| DYE, Jonathan Mark | Director | 2006-02-02 | 2010-11-22 |
| EMMS, Anthony John | Director | 2012-09-20 | 2015-10-07 |
| FLEET, Nigel James | Director | 2006-02-02 | 2006-04-25 |
| GEAREY, James Tobin | Director | 2024-09-16 | 2024-11-29 |
| GIBBINS, Martin Derek | Director | 1995-04-06 | 1997-03-07 |
| GIBSON, Graham Arthur | Director | 2012-09-20 | 2024-09-25 |
| GILLOTT, Terence | Director | 1997-04-17 | 1998-01-30 |
| GRIER, Alastair | Director | 2006-06-26 | 2008-02-27 |
| HANNAH, Charles Gordon | Director | 1999-07-14 | 2001-07-12 |
| HARDIE, Neil | Director | 2000-07-13 | 2002-02-21 |
| HARPER, Robert | Director | 2018-03-28 | 2024-09-25 |
| HARRIS, David Jonathan | Director | 2001-10-31 | 2002-12-10 |
| HART, Michael | Director | 1992-07-23 | 1998-04-23 |
| HELGESEN, Karl Trampas | Director | 2015-10-07 | 2016-12-20 |
| HOOKER, David Ronald | Director | 1995-06-22 | 2003-04-10 |
| HORTON, Peter Anthony | Director | 2012-02-22 | 2015-10-07 |
| HORTON, Peter Anthony | Director | 2002-07-10 | 2003-09-29 |
| HOWLEY, Paul | Director | 2002-11-06 | 2006-04-25 |
| HUGHES, Graham | Director | 2020-03-23 | 2023-12-31 |
| JONES, Roger Merer | Director | 2005-01-27 | 2006-06-26 |
| JONES, Roger Merer | Director | 1995-04-06 | 2004-07-09 |
| KIERNAN, Kevin Neil | Director | 2011-03-03 | 2013-08-02 |
| KNELL, William James | Director | 1995-05-06 | 1996-05-21 |
| LEFEVRE, Pierre Paul Joseph Leon Marie Ghislain | Director | 2005-10-06 | 2007-11-26 |
| LINKLATER, Stephen | Director | 2021-12-02 | 2024-08-23 |
| LOOSLEY, Dane | Director | 2010-11-22 | 2012-09-20 |
| MACHELL, Simon Christopher | Director | 1998-07-16 | 2000-08-16 |
| MALIK, Waseem Ullah | Director | 2018-03-28 | 2021-11-30 |
| MCCHESNEY, Gareth David, Noel | Director | 2024-03-14 | 2025-05-14 |
| MCLENNAN, John | Director | 1999-07-14 | 2004-03-22 |
| MENGES, Nicholas Peter | Director | — | 1992-07-23 |
| MILLINER, Martin Paul | Director | 2015-10-07 | 2024-05-01 |
| MILLS, Albert Gordon | Director | — | 1992-07-23 |
| MILLS, David John | Director | 2009-06-18 | 2024-03-28 |
| MORRELL, Trevor | Director | 1997-04-17 | 1998-07-16 |
| MORRISH, Andrew James | Director | 2009-09-22 | 2010-02-23 |
| MUNNOCH, Guy Russell Cameron | Director | 2000-10-11 | 2005-12-31 |
| MUNRO, Ron | Director | 2008-02-21 | 2021-10-01 |
| NEAVE, David Stanley | Director | 2004-04-22 | 2005-06-30 |
| PANCHAM, Paul | Director | 2007-06-21 | 2009-07-16 |
| PATERSON, Matt Elliot | Director | 2012-09-20 | 2018-03-28 |
| PATON, William | Director | 2006-02-02 | 2012-09-20 |
| POWELL, David Michael | Director | 2006-09-21 | 2020-12-04 |
| POWELL, John Robert | Director | — | 1992-07-23 |
| PURSEY, Brian Patrick | Director | 1996-06-20 | 1998-04-23 |
| ROBERTS, Kenneth | Director | 1998-07-16 | 2004-10-14 |
| ROBERTS, Peter Tregarthen | Director | 2001-03-01 | 2011-06-16 |
| ROCHELLE, James | Director | 1994-12-01 | 1995-04-07 |
| RUSSELL, Iain William | Director | 2021-06-24 | 2024-03-08 |
| SAMS, Terry George | Director | 1997-04-17 | 2007-12-31 |
| SCHOUTEN, Wilhelmas Johannes Mari | Director | 1992-07-23 | 1996-07-29 |
| SCHRAUWERS, Cornelis Antonius Carolus Maria, Dr | Director | 1993-09-23 | 1998-07-16 |
| SCOTT, Robert Avisson | Director | — | 1992-07-28 |
| SEATON, John | Director | 2003-07-10 | 2007-04-30 |
| SHAW, Peter Graham | Director | 2011-04-04 | 2018-06-21 |
| SHEERIN, Padraic | Director | 2025-05-15 | 2025-11-24 |
| SINCLAIR, John | Director | — | 1992-07-23 |
| SINGLETON, Arthur | Director | 1992-07-23 | 1993-12-08 |
| SMITH, Michael Charles | Director | 1992-07-23 | 2001-03-01 |
| STEPHENS, John Edward | Director | — | 1992-07-23 |
| STOULS, Guy | Director | 2007-06-21 | 2008-07-18 |
| STREET, Barry | Director | 2012-09-20 | 2022-09-20 |
| SWINGLER, Michael Frederick | Director | 1992-07-23 | 1995-04-30 |
| TAYLOR, John David | Director | 1992-10-22 | 1995-06-30 |
| THOMPSON, Ian Malcolm | Director | 2006-04-25 | 2012-06-21 |
| THOMSON, Robert Bruce | Director | 1994-04-07 | 1997-04-14 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 363 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-08 | CH01 | officers | Change person director company with change date | |
| 2026-01-07 | TM01 | officers | Termination director company with name termination date | |
| 2025-08-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-17 | AA | accounts | Accounts with accounts type group | |
| 2025-06-04 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-19 | TM01 | officers | Termination director company with name termination date | |
| 2025-05-16 | AP01 | officers | Appoint person director company with name date | |
| 2025-05-16 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-09 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-01-14 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-08 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-08 | TM01 | officers | Termination director company with name termination date | |
| 2024-10-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-09-20 | AP01 | officers | Appoint person director company with name date | |
| 2024-08-29 | TM01 | officers | Termination director company with name termination date | |
| 2024-08-14 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-11 | AA | accounts | Accounts with accounts type group | |
| 2024-05-20 | AP01 | officers | Appoint person director company with name date | |
| 2024-05-03 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 1
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.