Coolers & Condensers Limited

Coolers & Condensers Ltd, based in Fareham, UK, is a well-established company with a 41-year history, currently employing 70 people. The business, which has an active status, boasts significant assets of £5,995,254 and generates a yearly revenue of £14,349,670. With a real address and four directors, it's a sizable operation, overseen by a single owner. The company enjoys a stellar 5.0 Google rating based on two reviews. They are regular importers and exporters of machinery, boilers, and mechanical appliances; parts, with a long history of activity in both areas.

The company’s website highlights its focus on commercial and industrial cooling solutions. They design, manufacture, and supply a range of products, including coolers, dry air coolers, adiabatic systems, and blast freezers. The website emphasizes bespoke design capabilities and a commitment to British craftsmanship, dating back to 1983. They serve a variety of industries, including food processing, data centers, and power generation. The site also features case studies showcasing their work and a blog with updates and industry news. They seem to be primarily a B2B operation, with a focus on direct sales and technical support.

Financially, Coolers & Condensers Ltd shows a mixed picture. While revenue remained consistent, administrative expenses increased by 27%, reaching £3,000,000. Bank borrowings have also risen significantly, by 52%, reaching £1,000,000. Cash bank on hand, however, has fallen by 59%, to just £28,000. The company’s creditors have increased by 6.5%, to £5,000,000. The company’s size, meeting two of three criteria for a large company, suggests a stable, established business, but the increase in debt and decrease in cash reserves warrants closer scrutiny. The unaudited financial statements, prepared by Roches, indicate that the company is facing some financial pressures, but its long history and strong reputation suggest it is well-positioned to weather the storm. The fact that the director remuneration has decreased by 14% could indicate efforts to control costs.

Registered in England/Wales under the registration number 01778335, with a registered address at PO15 5SA, England, Fareham, 36 Brunel Way.

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