Coin Mining Central Ltd

Coin Mining Central Ltd, based in Borehamwood, UK, is a large, active company founded six years ago. Despite having only three employees, it boasts significant assets of £8,540,563 and a yearly revenue of £26,528,024. The company operates from a virtual address, registered with twenty-nine other companies, and is managed by two directors and two owners, who are Finder Bradley and Finder Gavin. It's a family business with an e-commerce site, regularly importing machinery, boilers, and mechanical appliances—parts—with a 39-month history of imports, the last operation occurring in January 2025.

The company’s website, Coin Mining Central UK, is a dedicated supplier of cryptocurrency mining hardware. It offers a wide range of ASIC miners from brands like Bitmain, Goldshell, and Canaan, categorized by cryptocurrency (Bitcoin, Dogecoin, Litecoin) and algorithm (SHA256, Equihash). The site also features cooling solutions, including immersion cooling systems, and caters to both home miners and larger warehouse operations. It’s a very detailed site, with a rewards program and daily updates.

Financially, Coin Mining Central Ltd presents a mixed picture. While revenue remains strong, several key indicators are concerning. Accrued liabilities have decreased by 50%, which could be a positive sign of better financial management, but the decrease in cash bank on hand by 70% to £510,000 is a worrying trend. Creditors have also decreased significantly, but the increase in bank overdrafts is a red flag. The company’s net assets have declined by 11%, and the decrease in turnover by 23% is something to watch. Despite these challenges, the company’s large asset base and ongoing revenue generation suggest it’s not in immediate crisis. The company's auditor, Macalvins Limited, has issued an unqualified opinion on the financial statements. The company’s small size (meeting two of three criteria for a large company) means it’s likely exempt from more rigorous auditing requirements.

Registered in England/Wales under the registration number 11800885, with a registered address at WD6 1JN, England, Borehamwood, 4 Imperial Place, Maxwell Road.

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