Cool-therm (uk) Limited

Cool-Therm (UK) Limited, based in Bristol, is a sizable company with a long history, having been incorporated 32 years ago in 1992. With 76 employees and £3.5 million in assets, it operates as a holding company and is currently active. Six directors oversee operations, alongside one owner, and the company maintains a real address, though its 2.0 Google rating (based on 14 reviews) suggests room for improvement. The company regularly imports machinery, boilers, and mechanical appliances, parts, with 47 months of import activity recorded, the latest in October 2024. Export activity is more sporadic, with just one month of activity in February 2023.

Cool-Therm specializes in climate control equipment, offering solutions from chillers and heat pumps to air conditioning and bespoke services. Their website highlights expertise in commercial and industrial applications, including a focus on low-carbon solutions and even restoration of pianos. They cater to diverse sectors, including education, healthcare, and defence, and offer services like installation, maintenance, and consultancy. The company’s website is very professional and well-designed, and it has a blog section that provides useful information for customers.

Financially, Cool-Therm’s performance shows some concerning trends. Current assets have fallen by 25% to £3.5 million, while net assets have dropped 27% to £1.9 million. Bank borrowings have increased by 37% to £240,000, and cash reserves have declined 49% to £1.1 million. Creditors have also decreased by 20%, suggesting improved debt management, but the overall decline in equity is a significant factor. The company’s size (meeting two of three criteria for a large company) means it’s not required to have an audit, so the figures are unaudited.

The company’s director remuneration has decreased by 51%, which could be a positive sign of cost control, or it could indicate reduced profitability. The company’s focus on low-carbon solutions and its presence in niche markets like piano restoration suggests a strategy of differentiation, but the financial pressures highlight the need for careful management. It's clear the company is working hard, but the future is uncertain.

Registered in England/Wales under the registration number 02755818, with a registered address at BS30 5NA, England, Bristol, Unit 5 Trubodys Yard, 121 London Road.

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