Thermal Economics Limited
Active01665995Wholesale & retailIncorporated 21 Sept 1982 · Bedfordshire
The principal activity of the company in the year under review was that of specialist suppliers of sound and thermal insulation technology products.
Revenue
£9.9m
▼ -16.3% vs prior ~12m period
Profit after tax
£1.3m
Margin 16.1%
Employees
16
– 0.0% vs prior ~12m period
Net assets
£3.8m
Total assets £5.0m
Financial history
Revenue by accounting period
8 periods available · ▲ growth ▼ decline
Oct 2018Not available
Oct 2019
£22.1m
Oct 2020
£13.4m▼ -39.5%
Oct 2021
£19.8m▲ +48.1%
Oct 2022
£23.7m▲ +19.6%
Oct 2023
£17.1m▼ -27.8%
Oct 2024
£11.8m▼ -31.0%
Oct 2025
£9.9m▼ -16.3%
| Period end | Revenue | Growth | Profit before tax | Employees | Net assets |
|---|---|---|---|---|---|
| 31 Oct 2025 | £9.9m | ▼ -16.3% | £1.7m | 16 | £3.8m |
| 31 Oct 2024 | £11.8m | ▼ -31.0% | £1.9m | 16 | £3.8m |
| 31 Oct 2023 | £17.1m | ▼ -27.8% | £2.6m | 16 | £3.2m |
| 31 Oct 2022 | £23.7m | ▲ +19.6% | £3.5m | 17 | £3.5m |
| 31 Oct 2021 | £19.8m | ▲ +48.1% | £3.2m | 17 | £3.2m |
| 31 Oct 2020 | £13.4m | ▼ -39.5% | £2.0m | 17 | £1.9m |
| 31 Oct 2019 | £22.1m | — | £3.2m | 18 | £2.8m |
| 31 Oct 2018 | — | — | — | — | £2.8m |
Latest available figures
Period ending 31 Oct 2025. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.
Profit & loss
- Revenue
- £9.9m
- Gross profit
- £2.9m
- Operating profit
- £1.6m
- Profit before tax
- £1.7m
- Profit after tax
- £1.3m
Balance sheet
- Total assets
- £5.0m
- Cash
- £2.0m
- Total liabilities
- £1.1m
- Net assets
- £3.8m
- Revenue per employee
- £619k
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