Comfort-tech Ltd

Comfort Tech Ltd from Swadlincote UK is a small, family-run business with an active status, having been founded 20 years ago. The company employs four people and holds assets totaling £1,560,586. It has a real address and is managed by three directors and two owners. Comfort Tech Ltd regularly imports machinery, boilers, and mechanical appliances, with 41 months of import activity recorded.

The company operates as an agent specializing in the sale of other particular products, and its website showcases a wide range of climate control solutions. It appears to be a distributor for several established brands like Arbonia, Kermi, and Vasco, and even includes a section dedicated to news and events, including a recent announcement regarding its acquisition by Midea Group. The website also highlights its commitment to indoor air quality and sustainability, with a focus on electrostatic plate filters and energy-smart solutions. It seems they also have a virtual catalog app available for download.

Financially, Comfort Tech Ltd presents a mixed picture. Cash reserves have increased significantly, jumping 120% to £840,000, and current assets are up 34% to £1,600,000. However, creditors have also risen, increasing 26% to £1,000,000. Equity has seen a healthy boost, growing 64% to £560,000. The company’s small size—meeting two of three conditions for a small company—allows for agility. While bank borrowings have decreased, the increase in creditors could indicate a reliance on short-term financing. No auditor is mentioned, likely due to its small company status. The increase in property, plant, and equipment by 180% is a notable trend, perhaps reflecting investments in infrastructure or machinery. It seems they are doing well, but it would be good to see if the debt is manageable.

Registered in England/Wales under the registration number 05189707, with a registered address at DE12 8ED, Swadlincote, Derbyshire, The Barn, Overseal Road, Lullington.

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