# MCGRATH THERMAL LTD (13838966)

> MCGRATH THERMAL LTD is an active private limited company (company number 13838966) incorporated on 10 January 2022, registered in Redditch. Its registered activity is other construction installation (SIC 43290). Latest small accounts cover the period ending 31 January 2025, showing net assets of £192k and cash of £90k, with 3 employees on average. Net assets rose 43% on the prior period (£135k).

- Status: Active
- Incorporated: 2022-01-10
- Registered office: Redditch, B98 7SF
- SIC 43290: Other construction installation
- Next accounts due: 2026-10-31
- Confirmation statement due: 2027-01-24
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 1,005 comparable companies in Birmingham (median £3,550, upper quartile £35k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-01-31 | £192k | £90k | £192k | £169k | — | — | 3 |
| 2024-01-31 | £135k | £116k | £126k | £131k | — | — | 2 |

current ratio 1.66; size band micro.

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

- Net assets above zero: Net assets £191,822 at 31 January 2025
- Net assets up 10% or more on the prior period: +42.6% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 1.66
- Cash at bank of £50,000 or more: Cash £89,583
- Incorporated two to five years ago: Incorporated 10 January 2022

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

## Persons with significant control

- Mcgrath Thermal Holdings Ltd (corporate-entity) — owns 75–100% of shares; holds 75–100% of voting rights; can appoint or remove directors, since 2025-12-04

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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/13838966
HTML: https://firmoscan.com/company/13838966-mcgrath-thermal-ltd