Beehive Coils Limited

Beehive Coils Ltd, based in Newmarket, Suffolk, UK, is a small, holding company with an active status. Founded 57 years ago in 1968, the company employs 114 people and holds assets of £3,899,534. With seven directors and one owner, it operates from a real address and is a regular importer of aluminum and aluminum products (37 months) and a regular exporter of machinery, boilers, and mechanical appliances (5 months).

The company’s website highlights its expertise in refrigeration and HVAC equipment design and manufacture, serving customers worldwide. Beehive Coils designs and builds a wide range of components, from coils and enclosures to pipework and fan coils. They even have their own tube-in-tube coaxial condenser range. The site emphasizes flexibility and the ability to meet diverse customer needs, offering everything from simple replacement coils to bespoke design solutions. Testimonials from satisfied customers, including Advanced Air UK Ltd and Chiller Experts Ltd, praise Beehive’s quality, responsiveness, and helpfulness.

Financially, Beehive Coils Ltd presents a mixed picture. While cash reserves have impressively increased by 85% to £940,000, current assets have seen a slight decrease of 7.2% to £3,900,000. Debtors have fallen by 10% to £1,800,000, which could indicate improved collection efforts. However, creditors have also decreased, and bank borrowings are stable. The company’s small size—meeting two of three conditions for being classified as small—allows for agility, but the slight decline in assets warrants further observation. The company's net current assets liabilities are also down slightly, which is a concern. Kingston Burrowes Audit Ltd conducted the audit. The company’s trade debtors have decreased significantly, which may be a positive sign of better payment collection. Overall, Beehive Coils Ltd appears to be a stable, long-standing business, but it’s important to monitor its financial trends closely.

Registered in England/Wales under the registration number 00926489, with a registered address at CB8 7AU, Suffolk, Studlands Park Avenue, Newmarket.

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