Cool Out Ltd

Cool Out Ltd, based in Sudbury, UK, is a small, active company established sixteen years ago. With eight employees and £1,368,458 in assets, it operates from a virtual address, a detail that raises some questions about its physical presence. The company is led by three directors and owned by two individuals, Tian Yun and Yang Shuai. It runs an e-commerce site and regularly imports and exports textile products, sets, used clothing, and rags—a pattern spanning 54 months of imports and 100 months of exports. Google users give it a perfect 5.0 rating based on one review.

The company’s website, Cool Air VW, is a comprehensive online store dedicated to Volkswagen parts and accessories. It caters to a wide range of VW models, from classic Beetles to modern Transporters, offering everything from engine components to body panels and interior accessories. The site is well-organized, with detailed product descriptions and a blog providing valuable information about VW restoration and maintenance. It even offers guides and events related to VW culture. The site’s emphasis is on providing a wide selection and catering to both restoration and modification enthusiasts.

Financially, Cool Out Ltd presents a mixed picture. While cash bank holdings increased by a healthy 30% to £530,000, other key metrics show some concerning trends. Creditors jumped by 20% to £1,000,000, and net assets declined by 18% to £110,000. The company’s small size—meeting two of three criteria for a small company—helps it remain agile, but the drop in equity warrants closer attention. The increase in bank borrowings, though not excessive, suggests the company may be relying more on debt financing. The lack of an auditor mentioned, likely due to its small size, means the figures are unaudited. It’s worth noting that the company’s retained earnings accumulated losses decreased by 29% to £15,000. The company’s average number of employees remained constant at eight.

Overall, Cool Out Ltd appears to be a well-established e-commerce business with a loyal customer base. However, the recent financial trends suggest the company may be facing some challenges, and it will be interesting to see how it navigates them in the coming years. The company’s reliance on a virtual address, while common, is something to keep an eye on.

Registered in England/Wales under the registration number 06701839, with a registered address at CO10 2AA, England, Sudbury, Suffolk, 22 Friars Street.

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