Coldsaver Panels Limited

Coldsaver Panels Limited is a small, active holding company based in Warrington, UK. Founded fifteen years ago in 2009, the company employs eighteen people and holds £768,465 in assets. It operates from a virtual address, a detail noted by the presence of twenty-three other companies registered at the same location. The company is managed by three directors and has one owner. It’s a regular importer of plastics and plastic products, with four months of import activity recorded, the last in June 2024.

The company’s website showcases a manufacturer of GRP composite panels, a core business since 1995. Coldsaver Panels specializes in producing panels for motorhome bodywork, insulated vehicles, and various industrial applications. They offer a wide range of panel constructions, materials (including plywood, polystyrene, and plastic honeycomb), and finishes, catering to custom specifications. The website also highlights design services, technical advice, and a portfolio of projects—a testament to their expertise in composite panel solutions. They even have a showroom in Harrods, London.

Financially, Coldsaver Panels Limited presents a mixed picture. Current assets have increased by 13% to £770,000, while net assets have also risen by 13% to £420,000. Trade debtors have significantly decreased by 46%, suggesting improved cash collection, which is good. However, finished goods and goods for resale have increased by 17%, which may indicate a buildup of inventory. Cash bank on hand has increased by 84%, a positive sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble. With no auditor mentioned, the figures rely on unaudited statements.

It seems like Coldsaver Panels is financially stable, with a growing asset base and improved cash flow. The increase in inventory should be monitored, but overall, the company appears to be holding its own in a competitive market.

Registered in England/Wales under the registration number 07016862, with a registered address at WA1 1EG, Warrington, Trinity Chambers, 8 Suez Street.

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