Cold Tech (services) Ltd

Cold Tech Services Ltd, based in Bristol, UK, is a small holding company with an active status, established thirteen years ago in 2012. Employing thirty people, the company holds assets valued at £1,727,601. It operates from a real address and is overseen by five directors, with one listed owner. Google ratings are a bit low at 3.0 based on just one review. The company regularly imports electrical machinery and equipment, with the latest import activity recorded just last month.

The company's website is unavailable, so it's difficult to determine the specifics of their operations beyond what's available in the report. However, the company operates in the repair of electrical equipment industries.

A review of the company’s financial data reveals a mixed picture. Cash reserves have increased significantly, up 120% to £510,000, which is a positive sign. However, net assets have also risen by 53%, reaching £1.4 million, but bank borrowings have been reduced by a dramatic 96% to £10,000. Creditors have decreased by 21%, which could indicate improved debt management. The company qualifies as a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than fifty employees. The lack of an auditor (likely exempt due to its size) means the figures are unaudited.

The significant drop in accrued liabilities, down 29%, suggests a reduction in short-term obligations. However, the increase in amounts recoverable on contracts, up 110%, could indicate a reliance on customer payments. The number of employees has increased by 10%, which could be a sign of growth, but it’s important to note that the company is still relatively small. Overall, Cold Tech Services Ltd appears to be financially stable, but it’s important to monitor its performance closely in the coming months.

Registered in England/Wales under the registration number 08018505, with a registered address at BS2 0JZ, England, Bristol, Unit 17, Kingsland Trading Estate, St. Philips Road.

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