Cooling Components Limited

Cooling Components Ltd from Birmingham UK: a small, active company founded 21 years ago, employs 11 people, and holds £1,336,420 in assets. Operating from a virtual address, the business is managed by five directors and one owner. It regularly imports and exports optical and medical tools and devices, with 116 months of import activity and 8 months of export activity recorded.

The company's website, salescoolingcomponents.co.uk, showcases a comprehensive range of automotive cooling, engine fuel management, steering, and wiper components. It positions itself as a one-stop shop for niche parts, emphasizing quality, technical expertise, and a 30-year history. The site highlights a full range of products available only at Cooling Components, catering to both commercial and individual customers.

Financially, Cooling Components Ltd presents a mixed picture. Current assets increased by 26%, reaching £1,300,000, while net assets grew by a substantial 42% to £480,000. Bank borrowings rose by 55% to £370,000, and cash reserves increased by 56% to £300,000. Creditors decreased by 7.5% to £280,000, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in bank borrowings warrants attention. No auditor is mentioned, likely due to the company’s small size and exemption from audit.

Overall, Cooling Components Ltd appears to be financially healthy, showing growth in assets and cash reserves. However, the increase in bank borrowings should be monitored closely to ensure sustainable growth.

Registered in England/Wales under the registration number 04987470, with a registered address at B3 1PX, Birmingham, West Midlands, 59-61 Charlotte Street, St Pauls Square.

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