Coolkit Limited

Coolkit Limited, based in Blackburn, UK, is a large holding company with an active status, having operated for 23 years. Employing 102 people, the company holds assets worth £9,256,532 and generates a yearly revenue of £21,202,826. With four directors and one owner, Coolkit operates from a real address and boasts a respectable Google rating of 4.0 based on 45 reviews. The company regularly imports machinery, boilers, and mechanical appliances, parts, with 38 months of import activity, and exports vehicles, parts, and accessories (excluding trains and trams) for 3 months.

Coolkit Limited’s core business revolves around the manufacture, distribution, and maintenance of transport refrigeration systems, including light commercial vehicle insulation and conversions. It also operates a separate, high-end piano restoration division, 1066 Pianos, which has a showroom in Harrods, London. The company’s website highlights its commitment to British craftsmanship and family ownership.

Financially, Coolkit’s recent performance presents a mixed picture. Current assets increased by 48% to £9,300,000, while net assets rose by 32% to £17,000,000. However, bank borrowings decreased by 55% to £150,000, and turnover remained flat. Creditors increased by 29% to £3,700,000, suggesting a greater reliance on trade credit. The company’s large size (meeting two of three criteria for a large company) allows for economies of scale, but the increase in creditors warrants attention. The company’s auditor, PM+M Solutions for Business LLP, has provided an audited report.

Overall, Coolkit Limited appears to be a stable, established business, although the increase in creditors could indicate some financial pressure. The dual business model—transport refrigeration and high-end pianos—provides diversification, but it’s unclear how closely the two ventures are integrated.

Registered in England/Wales under the registration number 04211722, with a registered address at BB1 3HJ, England, Blackburn, Lancashire, Thornley Avenue.

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