Axair Refrigeration Limited

Axair Refrigeration Ltd, based in Newcastle Under Lyme, UK, is a small holding company with an active status, established nine years ago. The company employs four people and holds assets valued at £2,095,525. It’s managed by two directors and has one owner, and operates from a real address shared by five other companies. Axair Refrigeration is a regular importer and exporter of machinery, boilers, and mechanical appliances, with parts, having imported for 175 months and exported for 25 months.

The company’s website highlights its focus on providing tailored refrigeration components and technical solutions, collaborating with suppliers and customers to ensure peak system efficiency. It emphasizes reliability, availability, and exceptional customer support, offering expertise in F-Gas knowledge and providing bespoke solutions for unique systems. The website also features a section dedicated to its piano restoration business, 1066 Pianos, a separate venture with a showroom in Harrods, London.

Financially, Axair Refrigeration Ltd shows a mixed picture. Cash reserves increased significantly by 60% to £610,000, a positive sign. However, bank borrowings decreased by 23%, and net assets increased by 25% to £1,600,000. Trade debtors have increased by 84%, which could be a concern if payments aren’t received promptly. Creditors decreased by 28%, suggesting better debt management. The company’s small size, meeting two of three criteria for a small company, allows for agility, but the increase in debtors warrants monitoring. The company’s financial statements are unaudited, as it is exempt from audit due to its size. The company has taken advantage of the exemption under Companies Act in not publishing its own profit loss account.

Registered in England/Wales under the registration number 10051354, with a registered address at ST5 0UU, England, Newcastle Under Lyme, Staffordshire, Centre 500 Lowfield Drive, Wolstanton.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.