Cryogenic Limited

Cryogenic Limited, based in London, UK, is a large, active company established 33 years ago. Employing 98 people and boasting assets of £18,656,552, it’s a significant player in its sector. The company, with five directors and one owner, holds a stellar 5.0 Google rating based on eight reviews. Cryogenic Limited regularly imports and exports optical and medical tools and devices, demonstrating a robust international presence.

The company’s website reveals a focus on cutting-edge technology, specifically in the realm of cryogen-free magnet systems and measurement solutions. It's a world leader in this niche, offering high-field superconducting magnets, low-temperature measurement systems, and customized solutions for research institutions. The site highlights a vertically integrated operation, with in-house manufacturing facilities enabling bespoke magnet development to meet demanding research requirements. Recent expansions to its manufacturing capabilities, including a doubled footprint and increased coil winding capacity, suggest a response to growing demand. The company also delivers services such as custom-built systems for X-ray scattering and measurements.

Financially, Cryogenic Limited’s recent performance shows a mixed picture. While comprehensive income increased by 15%, net assets only grew by 14%. Bank borrowings remained stable, but cash reserves declined by 25%. Trade debtors increased by 3%, suggesting a potential challenge in collecting payments. The company’s significant assets and growing revenue indicate a healthy core business, but the decrease in cash reserves warrants attention. The absence of a named auditor suggests the company is exempt from external audit requirements. Despite a slight decrease in liabilities, the company’s continued investment in manufacturing and technology suggests a long-term commitment to innovation, even if it means navigating short-term financial pressures.

Registered in England/Wales under the registration number 02659543, with a registered address at W3 7QE, London, Unit 6 Acton Park Estate, The Vale.

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