Chillflow Solutions Limited

Chillflow Solutions Ltd, based in Redruth, UK, is a small, active company established nineteen years ago. Employing sixteen people and holding assets valued at £2,130,721, it’s a well-established player in its sector. With three directors and two owners, and a perfect 5.0 Google rating from one review, the company seems to enjoy a good reputation. It’s an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances parts, with recent activity recorded just one month ago.

The company operates in the construction of other civil engineering projects, offering a range of engineering services. Its website details expertise in air conditioning, refrigeration, and a variety of related fields, catering to commercial, marine, and industrial clients. They even offer bespoke solutions, like the recent cooling system designed for an icebreaker, showcasing their ability to handle complex projects. The site also highlights a focus on training and equipment maintenance, suggesting a commitment to customer support.

Financially, Chillflow Solutions Ltd presents a mixed picture. Current assets have increased significantly, jumping 230% to £2,100,000, while net assets have more than doubled to £690,000. However, bank borrowings have risen sharply, increasing by 380% to £1,100,000, and cash reserves have fallen 850% to £100,000. Trade creditors have also increased by 310% to £1,100,000. The company meets the criteria for being a small company, with turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is likely due to its small size and exemption from an audit.

The company’s recent growth in assets and revenues is encouraging, but the increase in borrowings and decrease in cash reserves could indicate a period of investment or expansion. It’s possible that the company is taking on debt to fund new projects or equipment purchases. The lack of employees reported (sixteen) suggests a lean operation, but the rising debt levels will need to be monitored closely to ensure long-term financial stability.

Registered in England/Wales under the registration number 05674625, with a registered address at TR15 3RT, England, Redruth, Cornwall, Chillflow House Wilson Way, Pool.

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