Loading the map…

Other engineering activities · Milton Keynes, Buckinghamshire

Thermax Europe

Thermax Europe Limited

Turnover up 40%ActiveLatest figures: 2026Company only30 years on the register

Private limited company registered in Milton Keynes, classed under “Other engineering activities”.

Headline figures

FY to Mar 2026 · Company only

Turnover

For subscribers

Profit after tax

£412k

Net assets

For subscribers

Cash

For subscribers

Employees

For subscribers

Retained reserves

For subscribers

What the numbers say

4 findings from the figures, in plain English

Written by rules from the figures on this page. Not a forecast or a credit opinion.

History

Pro
£20222023202420252026
Profit after tax£412k
Turnover
Net assets
Cash
Employees
Retained reserves

Every figure for all 5 years

“—” means we did not find the figure in a source; it is never filled with an estimate.

Balance sheet and ratios

From the filed balance sheets · £

Balance sheet2023202420252026
Current assets
of which debtors
of which cash
Creditors due within a year
Net current assets
Net assets
Ratios
Profit marginProfit after tax as a share of turnover
Return on equityProfit after tax as a share of net assets
Current ratioCurrent assets for every £1 owed within a year
Cash ratioCash for every £1 owed within a year
Creditors to assetsEverything owed to creditors as a share of fixed plus current assets
Turnover per employeeTurnover divided by average staff
Debtor daysDays of turnover owed by customers at the year end

6 balance-sheet lines and 7 ratios, every year

A ratio appears only for years where every line it needs was filed. Lines are as tagged in the accounts; nothing is added up or estimated.

Timeline

Checked 2026-10-27

  1. Accounts
    Full accounts made up to 31 March 2026
  2. Accounts
    Full accounts made up to 31 March 2025
  3. Accounts
    Full accounts made up to 31 March 2024
  4. Accounts
    Full accounts made up to 31 March 2023
  5. Directors
    Director's details changed for Mr Venkatesh Balasubramanian on 15 May 2023
  6. Directors
    Appointment of Connolly Accountants & Business Advisors Ltd as a secretary on 13 January 2023
  7. Directors
    Termination of appointment of Praxis Secretaries (Uk) Limited as a secretary on 13 January 2023
  8. Address
    Registered office address changed from 1st Floor Senator House, 85 Queen Victoria Street, London, EC4V 4AB, United Kingdom to The Stable Yard Vicarage Road Stony Stratford Milto…
  9. Accounts
    Full accounts made up to 31 March 2022
  10. Accounts
    Full accounts made up to 31 March 2021
  11. Address
    Registered office address changed from 1 Lumley Street, Mayfair, London, W1K 6TT to The Stable Yard Vicarage Road Stony Stratford Milton Keynes Buckinghamshire MK11 1BN on 15 Se…
  12. Directors
    Secretary's details changed for Praxis Secretaries (Uk) Limited on 30 March 2020
  13. 25 earlier
    1. Accounts
      Full accounts made up to 31 March 2020
    2. Directors
      Director's details changed for Mr Venkatesh Balasubramanian on 27 April 2018
    3. Directors
      Termination of appointment of Jd Secretariat Limited as a secretary on 25 October 2019
    4. Directors
      Appointment of Praxis Secretaries (Uk) Limited as a secretary on 25 October 2019
    5. Ownership
      Notification of a person with significant control statement
    6. Ownership
      Cessation of Pheroz Pudumjee as a person with significant control on 12 November 2019
    7. Ownership
      Cessation of Meher Pudumjee as a person with significant control on 12 November 2019
    8. Ownership
      Cessation of Arnavaz Rohington Aga as a person with significant control on 12 November 2019
    9. Directors
      Termination of appointment of Shailesh Bhalchandra Nadkarni as a director on 26 September 2019
    10. Directors
      Appointment of Mr Sandeep Suresh Mandke as a director on 25 September 2019
    11. Charges
      Satisfaction of charge 2 in full
    12. Accounts
      Full accounts made up to 31 March 2019
    13. Directors
      Termination of appointment of Abhay Ramanlal Shah as a director on 27 April 2018
    14. Directors
      Termination of appointment of Ashish Madhusudan Vaishnav as a director on 27 April 2018
    15. Accounts
      Full accounts made up to 31 March 2018
    16. Directors
      Appointment of Mr Venkatesh Balasubramanian as a director on 27 April 2018
    17. Directors
      Appointment of Mr Shailesh Bhalchandra Nadkarni as a director on 27 April 2018
    18. Accounts
      Full accounts made up to 31 March 2017
    19. Accounts
      Full accounts made up to 31 March 2016
    20. Accounts
      Full accounts made up to 31 March 2015
    21. Accounts
      Full accounts made up to 31 March 2014
    22. Directors
      Termination of appointment of Gopal Mahadevan as a director
    23. Directors
      Appointment of Mr Abhay Ramanlal Shah as a director
    24. Accounts
      Full accounts made up to 31 March 2013
    25. Directors
      Appointment of Mr Ashish Madhusudan Vaishnav as a director

From the Companies House filing history. Routine confirmation statements are left out, and a run of the same filing is shown once.

Questions people ask

›What does Thermax Europe do?

Private limited company registered in Milton Keynes, classed under “Other engineering activities”.

›How much turnover does Thermax Europe make?

Answered in the full report

›Is Thermax Europe profitable?

Yes: it made a profit after tax of £412k in the year to 31 March 2026, its latest filed accounts.

›How many people work at Thermax Europe?

Answered in the full report

›Who runs and owns Thermax Europe?

Its directors are Connolly Accountants & Business Advisors LTD, Venkatesh Balasubramanian, Sandeep Suresh Mandke. Its owners are shown to subscribers.

›Where is Thermax Europe based?

Its registered office is The Stable Yard Vicarage Road, Stony Stratford, Milton Keynes, Buckinghamshire, MK11 1BN, in Milton Keynes, Buckinghamshire.

›When was Thermax Europe founded?

Thermax Europe Limited was incorporated on 9 April 1996.

›Is Thermax Europe still trading?

The register lists Thermax Europe Limited as active.

More companies in Milton Keynes →