THERMOSEAL GROUP LIMITED
Get an alert when THERMOSEAL GROUP LIMITED files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
£3.5m
+56.4% vs 2024
Net assets
£21m
+13.8% vs 2024
Employees
139
+5.3% vs 2024
Profit before tax
£3.5m
+20.3% highest in 6 filed years
Net assets
6-year trend · vs Industrials median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | £24,555,494 | £30,441,627 | £33,631,642 | £33,490,312 | £33,492,909 | £34,947,561 | +4.3% | |
| Operating profit | £2,139,463 | £3,431,963 | £3,395,633 | £2,965,396 | £2,735,268 | £3,592,984 | +31.4% | |
| Profit before tax | £2,085,470 | £3,386,234 | £3,444,616 | £3,209,247 | £2,940,257 | £3,538,254 | +20.3% | |
| Net profit | £1,712,187 | £2,818,571 | £2,715,940 | £2,443,770 | £2,189,434 | £2,576,316 | +17.7% | |
| Cash | £10,223,369 | £8,343,832 | £8,074,067 | £11,285,285 | £2,235,683 | £3,497,673 | +56.4% | |
| Total assets less current liabilities | £22,736,300 | £23,450,807 | £26,434,917 | £29,031,549 | £20,153,507 | £23,343,952 | +15.8% | |
| Net assets | £19,873,259 | £22,691,830 | £25,157,770 | £27,601,540 | £18,634,587 | £21,210,903 | +13.8% | |
| Equity | £19,873,259 | £22,691,830 | £25,157,770 | £27,601,540 | £18,634,587 | £21,210,903 | +13.8% | |
| Average employees | 150 | 147 | 148 | 134 | 132 | 139 | +5.3% | |
| Wages | £4,441,617 | £5,249,900 | £5,458,138 | £5,326,415 | £5,622,193 | £5,714,200 | +1.6% | |
| Directors' remuneration | £489,409 | £621,754 | £799,463 | £894,626 | £960,154 | £808,595 | -15.8% | |
| Directors' pension contributions | — | — | — | — | £48,616 | £51,643 | +6.2% | |
| Highest paid director | — | — | — | — | £744,993 | £418,396 | -43.8% |
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 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | 8.7% | 11.3% | 10.1% | 8.9% | 8.2% | 10.3% | |
| Net margin | 7.0% | 9.3% | 8.1% | 7.3% | 6.5% | 7.4% | |
| Return on capital employed | 9.4% | 14.6% | 12.8% | 10.2% | 13.6% | 15.4% | |
| Gearing (liabilities / total assets) | 29.1% | 20.6% | 18.8% | 16.2% | 7.5% | 9.1% | |
| Current ratio | — | — | — | — | 2.50x | 1.81x | |
| Interest cover | 34.99x | 75.04x | — | — | 58.69x | 33.90x |
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 1 time since incorporation
- THERMOSEAL GROUP LIMITED 2003-01-22 → present
- THERMOSEAL SUPPLIES LIMITED 1983-03-10 → 2003-01-22
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Luckmans Duckett Parker Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
Group structure
- THERMOSEAL GROUP LIMITED · parent
- Thermoseal Glass Equipment Limited 100%
- Solutions UK (IG) Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 6 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BUSBY, Geoffrey Leslie | Director | 2022-08-19 | Aug 1964 | British |
| HICKOX, Mark Anthony | Director | 1998-12-18 | Jan 1964 | British |
| MCLOUGHLIN, Neil Christopher | Director | 2024-07-02 | Aug 1965 | British |
| POPPLE, Philip Timothy | Director | 2026-05-26 | Sep 1973 | British |
Show 6 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| PATERSON, Gwain Robertson | Secretary | 1996-10-31 | 2026-06-30 |
| PATERSON, Margaret Ruth | Secretary | — | 1996-10-31 |
| HICKOX, Francesca Ruth | Director | — | 1998-09-07 |
| PATERSON, Gwain Robertson | Director | — | 2026-06-30 |
| PATERSON, James Robertson | Director | — | 1996-10-31 |
| PATERSON, Margaret Ruth | Director | — | 1996-10-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Thermoseal Group Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2022-09-08 | Active |
| Mr Gwain Robertson Paterson | Individual | Shares 75–100%, Voting 75–100% | 2016-04-06 | Ceased 2022-09-08 |
Filing timeline
Last 20 of 139 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-10-03 MA Memorandum articles
- 2022-10-03 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-09-09 | AA | accounts | Accounts with accounts type medium | |
| 2026-07-02 | TM02 | officers | Termination secretary company with name termination date | |
| 2026-07-02 | TM01 | officers | Termination director company with name termination date | |
| 2026-05-26 | AP01 | officers | Appoint person director company with name date | |
| 2026-05-19 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-27 | AA | accounts | Accounts with accounts type medium | |
| 2025-05-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-07-08 | AP01 | officers | Appoint person director company with name date | |
| 2024-06-06 | AA | accounts | Accounts with accounts type full | |
| 2024-05-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-05-21 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-05-16 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-05-16 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2023-09-26 | AA | accounts | Accounts with accounts type full | |
| 2023-04-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-10-03 | MA | incorporation | Memorandum articles | |
| 2022-10-03 | RESOLUTIONS | resolution | Resolution | |
| 2022-10-01 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2022-09-30 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2022-09-20 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 5
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 2
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.