# THORNEX LIMITED (09046539)

> THORNEX LIMITED is an active private limited company (company number 09046539) incorporated on 19 May 2014, registered in Billingham. Its registered activity is development of building projects (SIC 41100). Latest small accounts cover the period ending 31 May 2025, showing net assets of −£64k and cash of £36k, with 0 employees on average. Net assets fell 6% on the prior period (−£60k).

- Status: Active
- Incorporated: 2014-05-19
- Registered office: Billingham, TS22 5TB
- SIC 41100: Development of building projects
- Next accounts due: 2027-02-28
- Confirmation statement due: 2027-06-02
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the bottom quarter of 399 comparable companies in Teesside (median £50, upper quartile £42k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-05-31 | −£64k | £36k | £63k | £1.78m | — | — | 0 |
| 2024-05-31 | −£60k | £98k | £2,731 | £218k | — | — | 0 |

current ratio 0.06; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets below zero: Net assets £-63,957 at 31 May 2025
- Current assets below creditors within one year: Current ratio 0.06
- Incorporated five or more years ago: Incorporated 19 May 2014

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Thornex Developments Limited (corporate-entity) — owns 25–50% of shares; holds 25–50% of voting rights, since 2022-03-09

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/09046539
HTML: https://firmoscan.com/company/09046539-thornex-limited