Demeva Refrigeration Limited

Demeva Refrigeration Ltd from Formby UK: a small, holding company with an active status, was founded twelve years ago and employs twenty-five people. It holds assets of £1,672,497 and operates from a real address, managed by two directors and one owner, boasting a respectable Google rating of 4.0 from three reviews. The company is an irregular importer of machinery, boilers, and mechanical appliances, with parts imported for just one month, the last operation taking place in October 2022.

Demeva Refrigeration Ltd specializes in refrigeration and cold storage design, installation, and maintenance, offering a complete package from initial concept to project completion. Their website details a range of services, including refrigeration design, contracting, cold store construction, HVAC, and turnkey solutions, catering to industries like food storage and factory construction. They even provide specialist flooring and refrigerated Cots. The company’s website highlights a team of experienced engineers available around the clock, and comprehensive maintenance contracts ensuring maximum plant efficiency.

Financially, Demeva Refrigeration Ltd shows some interesting trends. Cash bank on hand increased by nearly five percent to £1.2 million, while current assets rose by thirteen percent to £1.7 million. However, creditors jumped significantly by thirty-six percent to £890,000, and net assets remained steady at £740,000. Trade debtors also increased by forty-two percent to £430,000. The company’s employee count has risen by twenty percent to thirty, which could explain the increase in debtors. The company is a small business, meeting two of three criteria for being small, with turnover under £10.2 million, assets under £5.1 million, and fewer than fifty employees. The lack of an auditor mentioned suggests the company is exempt as a small company.

Overall, Demeva Refrigeration Ltd appears to be a stable, albeit growing, business. The increase in creditors is something to keep an eye on, but the company’s diverse service offerings and experienced team position it well for continued success.

Registered in England/Wales under the registration number 08244998, with a registered address at L37 8EG, Formby, Merseyside, 93b Stephensons Way, Formby Business Park.

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