Condair Limited

Condair Limited, based in Littlehampton, UK, is a large, active company established 42 years ago. With 64 employees and £4,020,551 in assets, the business generated £13,063,787 in revenue last year. It’s a well-established player, boasting a real address, four directors, and a single owner. Condair operates an e-commerce site and maintains a strong 4.0 Google rating from 16 reviews. The company regularly imports and exports machinery, boilers, and mechanical appliances, parts, with 451 months of import activity and 217 months of export activity recorded.

Condair specializes in the manufacture of non-domestic cooling and ventilation equipment, and other general-purpose machinery. Its website highlights a broad range of services, from humidifier system advice to training and spare parts. They cater to diverse industries, including manufacturing, healthcare, and even museums, offering solutions for everything from dust suppression to climate control in vertical farms.

Financially, Condair’s numbers show some interesting trends. While revenue remained stable, current assets dropped by 22% to £4,000,000. Cash and cash equivalents experienced a significant decline, falling 86% to just £42,000. Conversely, bank borrowings remained steady at £73,000. Director remuneration increased dramatically, jumping 1600% to £420,000, which could reflect changes in management structure or compensation packages. Creditors also increased by 30% to £3,500,000. The company’s substantial assets and steady revenue suggest a stable business, but the decrease in cash reserves warrants attention. The accounts were audited by Kreston Reeves LLP.

Overall, Condair appears to be a well-established and respected player in its industry, though the recent financial trends indicate a need for careful management. It's a large company as it met two conditions of three: turnover more than £36 million, balance sheet more than £18 million, employees more than 250.

Registered in England/Wales under the registration number 01652665, with a registered address at BN16 3LN, Littlehampton, West Sussex, Artex Avenue, Rustington.

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