Coldstores Limited

Coldstores Limited is a family-run business based in Downham Market, UK, operating as a holding company with an active status. Established nineteen years ago in 2006, the company employs sixty-one people and holds assets valued at £11,688,045. While registered at a physical address, sixty-one companies share this location, suggesting a virtual address. Five directors and three owners guide the company, which specializes in the construction installation industries. Regular imports of machinery, boilers, and mechanical appliances—parts—have been recorded for four months, with the last operation occurring in November 2024.

The company’s website highlights its expertise in providing modular and portable cold storage solutions, boasting forty-five years of experience in the UK market. They cater to a wide range of industries, including food retail, distribution, production, pharmaceutical, pet food manufacturing, and beverages, offering sales, rentals, and leases. They also provide installation and maintenance services, with a focus on customer satisfaction and tailored solutions.

Financially, Coldstores Limited presents a mixed picture. While cash and cash equivalents increased by a substantial 28%, reaching £5,100,000, net assets also surged by 92%, hitting £7,700,000. However, net loss deepened from -£260,000 to -£330,000. Bank borrowings remained relatively stable, while trade creditors decreased by 6%. The company meets two of three criteria to be considered a large company, with turnover exceeding £36 million and balance sheet total over £18 million. The absence of an auditor’s report, likely due to its size, means the figures are unaudited.

The company’s continued growth and expansion, as evidenced by the increase in assets and employees, suggests a positive trajectory. However, the deepening net loss warrants closer monitoring to ensure long-term financial stability. The family-run nature of the business and its focus on customer service could be key factors in navigating these challenges.

Registered in England/Wales under the registration number 05680704, with a registered address at PE38 9BJ, England, Downham Market, 23 London Road.

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