Celsius Hire Ltd

Celsius Hire Ltd, based in Poole, UK, is a small, active company founded four years ago. With 16 employees and £1,564,660 in assets, it's a modest operation boasting a perfect 5.0 Google rating from 33 reviews. The company regularly imports machinery, boilers, and mechanical appliances—parts, with 37 months of import activity recorded. It has four directors, though no owners are listed, which is a bit unusual.

Celsius Hire operates in the plumbing, heat, and air-conditioning installation industries, providing cooling and heating equipment for hire. Its website showcases a wide range of products, from chillers and portable AC units to boilers and air handling units. The business model is primarily focused on equipment rental, catering to various sectors like data centres, hospitals, and construction. It doesn't appear to be an e-commerce site; instead, it's a service-based business with a focus on providing solutions for temporary cooling and heating needs.

Financially, Celsius Hire shows some concerning trends. While current assets increased by 20% to £1,600,000, net assets also jumped by 54% to £2,000,000. However, bank borrowings surged by 69%, reaching £970,000—a significant increase. Creditors also increased by 20% to £4,500,000. The number of employees grew by 31%, reaching 21, which could be a positive sign of expansion, but it also means higher labor costs. The company meets the criteria for a small company, with a turnover under £10.2 million and assets under £5.1 million. No auditor is mentioned, which is common for small companies.

The increase in borrowings and creditors, alongside the jump in employee numbers, suggests that Celsius Hire is investing in its business—perhaps expanding its fleet or hiring more staff. However, it's also important to monitor its cash flow to ensure it can meet its financial obligations. The company's strong Google rating and focus on specialized equipment rental position it well in the market, but managing its finances will be crucial for its long-term success.

Registered in England/Wales under the registration number 12763272, with a registered address at BH12 1JY, United Kingdom, Poole, Dorset, Unit 3 Vista Place, Ingworth Road.

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