Calatherm Limited
Registered name: CALATHERM LIMITED
Part of Griffin Topco Limited groupCalatherm Limited made £11m revenue and £877k profit in the year to 31 Dec 2024.
Calatherm Limited’s revenue fell 11% to £11m in the year to 31 Dec 2024, with £877k profit. The company is classified under “manufacture of other parts and accessories for motor vehicles” and is based in Tamworth; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Tamworth, West Midlands
- Age
- 29 yrs · since 1996
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “At the balance sheet date, the company was a subsidiary undertaking of Elbit Systems Limited, a company incorporated in Israel, which was the ultimate parent undertaking and controlling party. The com”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £9.5m | £12.4m | £11m |
| Cost of sales | £6.3m | £8.2m | −£6.8m |
| Gross profit | £3.2m | £4.2m | £4.2m |
| Operating profit | £133k | £980k | £762k |
| Profit before tax | £146k | £982k | £769k |
| Profit after tax | £93.2k | £734k | £877k |
| Profit (best available) | £93.2k | £734k | £877k |
| Staff costs | £2.4m | £2.7m | — |
| Employees (average) | 61 | 67 | — |
| Ratios | |||
| Profit margin | 1% | 5.9% | 8% |
| Gross margin | 33.5% | 33.7% | 37.9% |
| Revenue per employee | £155k | £185k | — |
| Profit per employee | £1.5k | £11k | — |
| Growth (year on year) | |||
| Revenue growth | — | ▲30.4% | ▼11.4% |
| Profit growth | — | ▲687.8% | ▲19.5% |
| Headcount growth | — | ▲9.8% | — |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | £265k | £1.2m | — |
| Net assets | £6.2m | £6.9m | — |
| Fixed assets | £1.9m | £1.9m | — |
| Current assets | £6.1m | £6.8m | — |
| Debtors | £2m | £1.8m | — |
| Deferred income | £158k | £360k | — |
| Source | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Aug 2024 | Accounts · bulk data Jul 2025 |
How the business works
- Profit margin
- 8%
- Profit ÷ revenue.
- Gross margin
- 37.9%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Griffin Topco Limitedultimate parent75–100%
- Griffin Midco Limited75–100%
- Griffin Newco Limited75–100%
- Calatherm Limitedthis company
Bands show the share of ownership each company holds in the one below it.
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Harsh LimitedYork · Manufacture of other parts and accessories for motor vehicles
- Revenue
- £11.6m
- Profit
- £562k
- Staff
- 42
- Tyre-Line Original Equipment LimitedNorthamptonshire · Manufacture of other parts and accessories for motor vehicles
- Revenue
- £13.3m
- Profit
- £47.1k
- Staff
- 30
- Spaw Engineering LimitedLeicester · Manufacture of other parts and accessories for motor vehicles
- Revenue
- £11.3m
- Profit
- £455k
- Staff
- 83
- Atc Drivetrain UK LtdCannock · Manufacture of other parts and accessories for motor vehicles
- Revenue
- £11m
- Profit
- £1.2m
- Staff
- 108
- The Ace Supply Company LimitedSale · Manufacture of other parts and accessories for motor vehicles
- Revenue
- £14.2m
- Profit
- £240k
- Staff
- 49
- Vanliners LimitedWigan · Manufacture of other parts and accessories for motor vehicles
- Revenue
- £10.7m
- Profit
- £183k
- Staff
- 72
Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit £877k), from the Companies House accounts bulk data published Jul 2025. Spotted an error? Request a correction.
Updated from Companies House on 15 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.