POWERTHERM CONTRACT SERVICES LTD.
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Next accounts due
2027-07-31 (in 1y)
Last filed for 2025-10-31
Confirmation statement due
2027-03-26 (in 10mo)
Last made up 2026-03-12
Watchouts
Cash
£406K
Latest balance sheet
Net assets
£5M
Equity attributable
Employees
257
Average over period
Profit before tax
£2M
Period ending 2025-10-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
3 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
3-year trend · vs Industrials median
Accounts
3-year trend · latest reflected 2025-10-31
| Metric | Trend | 2023-04-30 | 2024-04-30 | 2025-10-31 |
|---|---|---|---|---|
| Turnover | — | £39,245,373 | £46,460,362 | |
| Operating profit | — | £757,728 | £2,128,807 | |
| Profit before tax | — | £650,222 | £1,992,808 | |
| Net profit | — | £516,085 | £1,839,367 | |
| Cash | — | £1,189,592 | £405,728 | |
| Total assets less current liabilities | — | £4,404,354 | £6,059,167 | |
| Net assets | — | £3,045,655 | £5,119,585 | |
| Equity | — | £3,045,655 | £5,119,585 | |
| Average employees | — | 293 | 257 | |
| Wages | — | £17,888,639 | £23,627,960 | |
| Directors' remuneration | — | £368,395 | £398,780 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2024 → FY2025 · period ending 2025-10-31 vs 2024-04-30
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-04-30 | 2024-04-30 | 2025-10-31 |
|---|---|---|---|---|
| Operating margin | — | 1.9% | 4.6% | |
| Net margin | — | 1.3% | 4.0% | |
| Return on capital employed | — | 17.2% | 35.1% | |
| Current ratio | — | 1.09x | 1.23x | |
| Interest cover | — | 7.05x | 14.10x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- POWERTHERM CONTRACT SERVICES LTD. 2012-09-13 → present
- POWERTHERM CONTRACTS INSULATION LIMITED 1989-12-15 → 2012-09-13
- TURNMAX LIMITED 1989-10-16 → 1989-12-15
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Wells Richardson
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The directors confirm that the company has adequate resources available to continue to trade for a minimum of 12 months from the date of the signing of the financial statements for the period ended 31 October 2025. As such, these financial statements have been prepared on a going concern basis.”
Significant events
- “On 10 July 2025 the company transferred its 76% shareholding in Powertherm Site Services Limited to Powertherm Holdings Limited for consideration of £1,200,000.”
- “The growing shift towards renewable energy sources and increased investment in energy efficiency provides opportunities in the market and the company is well positioned to capitalise on these trends through our specialised thermal insulation and energy-saving solutions.”
- “Furthermore, the company remains committed to minimising its environmental impact by investing in equipment and technologies that support the UK's goal of achieving net-zero emissions.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 12 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ASHTON, Colin | Director | — | Apr 1949 | British |
| ASHTON, Matthew Adam | Director | 2012-06-01 | Nov 1980 | British |
| ASHTON, Paul Andrew | Director | 2012-06-01 | Dec 1974 | British |
Show 12 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ADDY, Clive Martin | Secretary | — | 1998-06-01 |
| BLACK, James | Secretary | 2005-03-25 | 2007-08-08 |
| COTTRILL, George Walter | Secretary | 2007-09-01 | 2023-02-28 |
| MCLAUGHLIN, Robert James | Secretary | 2004-04-02 | 2004-04-13 |
| MCLAUGHLIN, Robert James | Secretary | 2001-11-30 | 2001-12-10 |
| ROSE, Helen Shelagh | Secretary | — | 1992-10-16 |
| SPURGEON, David | Secretary | 2001-12-10 | 2005-03-25 |
| TOLE, Robert John | Secretary | 1998-06-01 | 2001-11-30 |
| BLACK, James | Director | — | 2007-08-08 |
| COTTRILL, George Walter | Director | 2015-04-01 | 2017-12-06 |
| FRANCIS, Jeffrey Gordon | Director | — | 1992-10-16 |
| ROSE, Tony | Director | — | 2003-01-16 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Powertherm Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-03-29 | Active |
| Mr Paul Andrew Ashton | Individual | Shares 25–50%, Voting 25–50% | 2025-03-28 | Ceased 2025-03-29 |
| Mr Matthew Adam Ashton | Individual | Shares 25–50%, Voting 25–50% | 2025-03-28 | Ceased 2025-03-29 |
| Mr Colin Ashton | Individual | Shares 75–100% | 2016-07-31 | Ceased 2025-03-28 |
Filing timeline
Last 20 of 159 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-25 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-01-28 | AA | accounts | Accounts with accounts type full | |
| 2025-12-29 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-12-29 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-12-23 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-10-09 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-05-08 | AA01 | accounts | Change account reference date company current extended | |
| 2025-04-04 | CH01 | officers | Change person director company with change date | |
| 2025-04-04 | CH01 | officers | Change person director company with change date | |
| 2025-04-04 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-04-04 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-04-04 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-04-02 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-04-02 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-04-02 | PSC01 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-03-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-20 | AA | accounts | Accounts with accounts type group | |
| 2024-06-27 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-03-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-01-04 | AA | accounts | Accounts with accounts type group |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.