Daw Refrigeration Limited

Daw Refrigeration Limited, based in Crediton, UK, is a small, active company founded 21 years ago. With 13 employees and £540,296 in assets, it’s a well-established player in its sector. The company has four directors and is owned by Daw Oliver Christopher, whose ownership was recently updated – a good sign for potential sales. It operates from a real address, with only five companies registered there, and imports machinery, boilers, and mechanical appliances; parts regularly, with the last import operation made in December 2024.

Daw Refrigeration’s website showcases a diverse range of services, from commercial refrigeration and agricultural solutions to the installation of industrial machinery and air conditioning systems. It also provides services for dairy farms, including milk tank supply and DeLaval milking parlour installations. The company's offerings extend to process cooling, DX milk tanks, and even disaster recovery for damaged pianos – a surprising diversification! It's clearly a multifaceted business catering to various industrial and agricultural needs.

Financially, the company’s recent performance presents a mixed picture. Current assets have decreased by 24%, dropping to £540,000, while net assets have fallen 5.5% to £250,000. Bank borrowings have surged by 3400%, reaching -£67,000, and cash reserves have declined by 29%, sitting at £300,000. Creditors have also decreased by 26%, suggesting improved debt management. The company meets the criteria for a small business, with turnover under £10.2 million and assets under £5.1 million. With no auditor mentioned, the financial data relies on unaudited reports.

In short, Daw Refrigeration Limited is navigating some financial headwinds, but its diversified services and established presence suggest resilience. The recent changes in ownership and the breadth of its offerings indicate a company with potential, even if its current financial situation requires careful monitoring.

Registered in England/Wales under the registration number 05098367, with a registered address at EX17 3LB, England, Crediton, Devon, 96 High Street.

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