LIQUITHERM TECHNOLOGIES GROUP LIMITED

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

• Turnover

  +10.7%

  £9,375,376 → £10,378,803

• Cash

  +1.5%

  £1,549,718 → £1,573,613

• Net assets

  +2.5%

  £5,705,780 → £5,847,488

  highest in 5 filed years

• Employees

  +7%

  71 → 76

  highest in 5 filed years

• Operating profit

  +34%

  £243,711 → £326,472

• Profit before tax

  +50.3%

  £201,081 → £302,218

• Wages

  +9.5%

  £2,596,601 → £2,843,889

  highest in 3 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

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.

1. LIQUITHERM TECHNOLOGIES GROUP LIMITED 2015-12-03 → present
2. HYDRA TECHNOLOGIES LIMITED 2003-12-02 → 2015-12-03
3. HYDRATECH CHEMICALS LIMITED 1998-10-16 → 2003-12-02

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.”

Group structure

1. LIQUITHERM TECHNOLOGIES GROUP LIMITED · parent
   1. Liquitherm, Inc 100% · USA · Distribution of heat transfer fluids and associated products and services
   2. Liquitherm Iberica, S.L.U. 100% · Spain · Distribution of heat transfer fluids and associated products and services

Significant events

• “During the 2024 financial year the group took the opportunity to expand its Engineering, Design & Fabrication (EDF) department, through the introduction of an accredited Apprenticeship Scheme. The group also continued to grow its Fluid Management Services (FMS) division, developing and enhancing the services offered, whilst continuing to explore additional, domestic and global markets that would benefit from the use of its specialist heat transfer fluids. Research & Development (R&D) continued to be a core activity of the group during the financial year. Many of these activities included a number of collaborative projects with external partners to develop bespoke technology solutions for a wide range of industries and markets. As a result of these expanding activities the group formed a new dedicated Research, Development and Stewardship Department. The group invested heavily in infrastructure and staff during 2024. The redevelopment of its Heol Y Gors site continues to be a significant investment of finances, resources and time, with several divisions including FMS and EDF operated from the site during the year. Supported by a Shared Prosperity Fund Grant awarded during 2024, the group began the construction of a Research & Development Centre of Excellence at the site, in the hope of completing all works by the end of 2025.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

1

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.