Climate Cooling Limited

Climate Cooling Ltd, based in Reading, UK, is a small, active company founded 23 years ago. With seven employees and £552,333 in assets, it operates from a real address and is overseen by three directors and two owners. Google users rate it a perfect 5.0 based on two reviews. The company is an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances—parts, with its last import activity recorded just one month ago in June 2024.

The company’s website, while not detailed, indicates it operates within the other building completion and finishing industries. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. It’s a family business, with Holton Paul Joseph and Hardick Jason Frazer Pryce listed as directors and owners.

A review of the company’s financial data reveals some concerning trends. Accumulated depreciation for computer equipment increased by 4.3%, while furniture fittings saw a more substantial 17.0% rise. Motor vehicles experienced a 6.7% decrease in value, and plant machinery dipped by 9.3%. The number of employees has also decreased, from seven to six. Bank borrowings have been eliminated, a positive sign, and cash reserves have increased significantly, by 180%. However, creditors have increased by 38%, and trade debtors have risen by 77%. Equity has also increased by 31%.

These figures suggest Climate Cooling Ltd is managing its cash flow better, with improved liquidity. However, the increase in debtors could indicate difficulties in collecting payments, and the rise in creditors might be due to increased supplier costs. The company’s small size and family ownership likely contribute to its agility, but the financial trends warrant close monitoring. No auditor is mentioned, which is typical for a small, exempt company.

Registered in England/Wales under the registration number 04306886, with a registered address at RG7 1JF, United Kingdom, Reading, Berkshire, Unit 4 Lambwood Hill Ind Estate Lambwood Hill, Grazeley.

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