THOMSON HEATING GROUP LTD
Opportunity 71/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (76/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £112.5k | £59.2k |
| Current assets | £173.9k | £150.9k |
| Cash | £18.6k | £9.5k |
| Debtors | £155.3k | £141.4k |
| Net assets | £324 | — |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.
Available from the Pro tier upwards.
See pricing →Recent activity
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (17 events)Click to expand
- 2025-11-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-30📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-01-29➖CAMPBELL, Hazel resignedsecretary
- 2024-10-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-09-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-08-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-09-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-05-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-03-13📄change-person-director-company-with-change-dateofficers · CH01
- 2017-03-13📄change-person-secretary-company-with-change-dateofficers · CH03
- 2017-02-16🏢Company incorporatedAs THOMSON HEATING GROUP LTD
- 2017-02-16➕THOMSON, David appointeddirector
- 2017-02-16➕CAMPBELL, Hazel appointedsecretary
- 2017-02-16📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder name in company name: Company name contains director surname "THOMSON" — strong identity link between founder and business.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanShareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Thomson Individual · British · DOB 07/1986 · age 40 | — | — | sig. influencesignificant influence | 16/02/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.
Available from the Pro tier upwards.
See pricing →Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.
Available from the Pro tier upwards.
See pricing →Company details
Registered office
Filing status
Officers (1 active · 1 resigned)
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