BOSCH THERMOTECHNOLOGY LTD

COTSWOLD WAY, WARNDON, WORCESTER, WR4 9SW

Previous name: BBT THERMOTECHNOLOGY UK LIMITED (changed on 02-Jan-2008)
Previous name: WORCESTER HEAT SYSTEMS LIMITED (changed on 30-Dec-2004)

Company Number: 01993294
Incorporation date: 27-Feb-1986
Status: Active
Entity type: Private Limited Company

SIC codes:
25210 Manufacture of central heating radiators and boilers





SUMMARY

This company is 38.1 years old and is currently active. It is controlled by Worcester Group Limited. The company has positive equity (net assets) of GBP 92.1 million which has increased from GBP 20.4 million in the previous year. The latest reported revenue figure is GBP 520.1 million which is similar to the previous year's figure of GBP 542.4 million. The company has 5 active officers (directors or partners) who are or were officers of 3 other companies. The company has no public disputes filed on the Business Disputes Register. There is one court case involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Sep-2024
Accounts Filed: FULL (31-Dec-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2019 GBP 520,100,000 114,500,000 2,000,000 90,700,000
31-Dec-2018 GBP 542,400,000 112,900,000 1,400,000 89,800,000
31-Dec-2017 GBP 517,300,000 112,400,000 1,300,000 89,100,000
31-Dec-2016 GBP 508,900,000 112,100,000 600,000 200,000 15,400,000 97,100,000
31-Dec-2015 GBP 458,800,000 101,000,000 600,000 200,000 20,600,000 101,400,000
31-Dec-2014 GBP 431,100,000 72,200,000 400,000 200,000 15,300,000 57,100,000
31-Dec-2013 GBP 434,500,000 66,000,000 200,000 100,000 15,400,000 50,700,000
31-Dec-2012 GBP 371,200,000 55,600,000 100,000 200,000 14,500,000 41,000,000
31-Dec-2011 GBP 366,700,000 45,900,000 300,000 100,000 10,900,000 35,200,000
31-Dec-2010 GBP 385,500,000 60,600,000 400,000 100,000 17,000,000 43,900,000
31-Dec-2009 GBP 342,600,000 28,000,000 500,000 400,000 8,300,000 19,800,000
31-Dec-2008 GBP 331,600,000 34,500,000 1,900,000 100,000 10,000,000 26,300,000
31-Dec-2007 GBP 315,200,000 45,700,000 14,300,000 32,800,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2019 GBP 76,700,000 254,900,000 160,900,000 8,000,000 100,000 92,000,000 92,100,000
31-Dec-2018 GBP 186,200,000 158,400,000 100,000 20,300,000 20,400,000
31-Dec-2017 GBP 48,400,000 234,300,000 143,000,000 100,000 87,100,000 87,200,000
31-Dec-2016 GBP 53,900,000 236,600,000 139,100,000 100,000 95,000,000 95,100,000
31-Dec-2015 GBP 145,600,000 298,500,000 125,400,000 100,000 170,700,000 170,800,000
31-Dec-2014 GBP 229,400,000 81,600,000 32,300,000 100,000 116,700,000 116,800,000
31-Dec-2013 GBP 95,400,000 30,700,000 100,000 88,400,000 88,500,000
31-Dec-2012 GBP 32,500,000 79,500,000 30,500,000
31-Dec-2011 GBP 64,200,000 100,000 3,400,000
31-Dec-2010 GBP 24,800,000 83,100,000 18,200,000 100,000 46,100,000 46,200,000
31-Dec-2009 GBP 10,800,000 61,400,000 18,200,000 100,000 48,300,000 48,400,000
31-Dec-2008 GBP 66,300,000 18,200,000 100,000 28,500,000 28,600,000
31-Dec-2007 GBP 3,500,000 53,600,000 18,200,000 100,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
31-Dec-2013 GBP 100.00% 100,000 0 100,000 14,400,000
31-Dec-2012 GBP inf% -100,000 100,000 0 -950,000
* Average valuation during the period
** Estimated based on average Cash and Debt levels during period

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Active Shaun MANSBRIDGE 01 Jan 2018 28 Mar 2024 1 - 0
Resigned Brigitte Katharina MALIGE 08 Sep 2000 31 Dec 2017 Director German 0 - 10
Resigned John David BEADLING 01 Jul 1996 13 Oct 2000 0 - 4
Resigned Nigel Leigh COLLIS 29 May 1992 30 Jun 1996 Accountant British 1 - 23
Resigned Nigel Leigh COLLIS 30 Jun 1996 British 1 - 23

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Joanne SHEPHERD 01 Jan 2023 Sales And Marketing Director British 1 - 00 (0.0%)
Active Jan BROCKMANN 01 Jul 2022 President German 1 - 00 (0.0%)
Resigned Thomas Horst BAUER 01 Apr 2019 01 Jul 2022 Member Of The Managing Board German 0 - 32 (66.7%)
Resigned Steven LISTER 01 Nov 2013 31 Dec 2022 Sales Director British 0 - 10 (0.0%)
Active Shaun MANSBRIDGE 01 May 2011 Finance And Administration Director British 1 - 00 (0.0%)
Active Robert MURDOCH 01 May 2011 Manufacturing Director British 1 - 00 (0.0%)
Resigned Mathew Richard GRIZZELL 02 Jan 2008 31 Oct 2009 Engineer British 0 - 10 (0.0%)
Active Carl William ARNTZEN 01 Apr 2007 Managing Director British 2 - 30 (0.0%)
Resigned Royston Eric HILL 12 Jun 2000 26 Apr 2011 Logistics Director British 0 - 50 (0.0%)
Resigned Brigitte Katharina MALIGE 01 Mar 2000 01 Jan 2019 Finance & Administration Direc German 0 - 108 (80.0%)
Resigned Kevin LEE 27 Mar 1997 30 Apr 2001 Engineer British 0 - 61 (16.7%)
Resigned Carl William ARNTZEN 01 Jan 1997 30 Apr 2003 Engineer British 2 - 30 (0.0%)
Resigned John David BEADLING 01 Jul 1996 13 Oct 2000 Accountant British 0 - 41 (25.0%)
Resigned David HALL 17 Nov 1995 02 Nov 2007 Engineer British 0 - 10 (0.0%)
Resigned Richard Alfred SOPER 07 Jun 1993 30 Jun 2015 Chief Executive Officer British 2 - 127 (50.0%)
Resigned David Harold JONES 07 Jun 1993 31 Jul 1996 Sales British 0 - 10 (0.0%)
Resigned David Edwin STEADE 01 Oct 1992 31 Jul 2004 Technical Director British 0 - 31 (33.3%)
Resigned Cecil DUCKWORTH 29 May 1992 17 Jan 1997 Engineer British 0 - 2411 (45.8%)
Resigned Nigel Leigh COLLIS 29 May 1992 30 Jun 1996 Accountant British 1 - 2310 (41.7%)
Resigned Cecil DUCKWORTH 17 Jan 1997 Engineer British 0 - 2411 (45.8%)
Resigned John David BEADLING 13 Oct 2000 Accountant British 0 - 41 (25.0%)
Resigned Clive WOODS 04 Nov 1992 Engineer British 0 - 1310 (76.9%)
Resigned Nigel Leigh COLLIS 30 Jun 1996 Accountant British 1 - 2310 (41.7%)
Resigned Kevin LEE 30 Apr 2001 Engineer British 0 - 61 (16.7%)
Resigned Arthur Godfrey MONEY 31 Dec 1995 Marketing British 0 - 10 (0.0%)
Number of active directors: 5
Average tenure of active directors: 9.2 years
Average tenure of resigned directors: 5.8 years
Average active director Dissolution Rate: 0.0%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
BOSCH THERMOTECHNOLOGY LTD (01993294) - Active
CONSTRUCTION PRODUCTS ASSOCIATION (03861752) - Active
BOXT LIMITED (08086606) - Active
GREATER BIRMINGHAM & SOLIHULL INSTITUTE OF TECHNOLOGY (12189062) - Active

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2015-09-292014-09-292013-09-292012-09-292011-09-29
WORCESTER GROUP LIMITEDORDINARY100,000
100%
100,000
100%
100,000
100%
0
0%
0
0%
WORCESTER GROUP PLCORDINARY0
0%
0
0%
0
0%
100,000
100%
100,000
100%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

BOSCH THERMOTECHNOLOGY LTD

no controlled companies

LATE PAYMENTS REPORT


Start date End date Average days to pay % invoices paid over 60 days % invoices not paid within agreed terms Gov.uk report
2023-07-01 2023-12-31 42 20% 33% 80663
2023-01-01 2023-06-30 40 17% 56% 73565
2022-07-01 2022-12-31 33 6% 26% 65429
2022-01-01 2022-06-30 34 6% 27% 61788
2021-07-01 2021-12-31 34 30% 24% 52427
2021-01-01 2021-06-30 36 7% 31% 49532
2020-07-01 2020-12-31 32 5% 42% 42667
2020-01-01 2020-06-30 36 33% 36% 32269
2019-07-01 2019-12-31 35 7% 31% 28551
2019-01-01 2019-06-30 34 7% 34% 18706
2018-07-01 2018-12-31 33 26% 30% 10609
2018-01-01 2018-06-30 15 22% 36% 4992


COURT CASES


Date Title Reference Subject
2018-02-01 Mr R Clarke v Bosch Thermotechnology Ltd [2018] UKET 1302113/2017 Unfair Dismissal

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 25210 Manufacture of central heating radiators and boilers)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
BOSCH THERMOTECHNOLOGY LTD COTSWOLD WAY, WARNDON, WORCESTER, WR4 9SW 01993294 2017-12-31 517,300,000 89,100,000
BAXI HEATING UK LIMITED BROOKS HOUSE, COVENTRY ROAD, WARWICK, WARWICKSHIRE, CV34 4LL 03879156 2017-12-31 329,947,000 18,222,000
STELRAD LIMITED 69-75 SIDE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE1 3JE 02263368 2017-12-31 75,881,000 -2,922,000
RETTIG (UK) LIMITED EASTERN AVENUE, TEAM VALLEY TRADING ESTATE, GATESHEAD, TYNE & WEAR, NE11 0PG 00653648 2017-12-31 65,972,000 1,985,000
AQUATHERM HEAT TRANSFER(PERSHORE) LTD UNIT 20A, PERSHORE TRADING ESTATE, PERSHORE, WORCESTERSHIRE, WR10 2DD 09193553 2017-08-31 219,192 0
ACCUHEAT LIMITED 45 UPLANDS ROAD, OADBY, LEICESTER, ENGLAND, LE2 4NT 07468972 2018-12-31 0 0

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
BOSCH THERMOTECHNOLOGY LTD 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.3% 1.3% 2.4% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 2.4% 5.5% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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