Excool Limited

Excool Limited, based in Droitwich, UK, is a sizable company with an active status, having been established fifteen years ago in 2010. Boasting 185 employees and holding assets valued at £24,912,599, it operates as a holding company with thirteen directors and one owner. The company’s registered address is a virtual address, as 220 companies are registered at the same location. Excool specializes in importing and exporting machinery, boilers, and mechanical appliances, with a consistent history of activity—33 months of imports and 179 months of exports.

The company’s website is not available, so it's difficult to determine if they operate an e-commerce platform. However, they operate in the steam and air conditioning supply industries.

Financially, Excool Limited’s report paints a mixed picture. While assets remain substantial, several key indicators suggest potential challenges. Net assets declined by a significant 46%, dropping to £4.2 million. Cash reserves also fell by 12%, settling at £5.9 million. Bank borrowings, however, decreased dramatically, falling by 98% to just £40,000—a positive sign. Creditors decreased by 8.4%, suggesting improved debt management. Turnover fell by 53%, dropping to £800,000, and net losses deepened to -£2.1 million. The company meets two of three criteria for a medium-sized business, which may explain the lack of an auditor mentioned in the report.

The sharp decline in equity and turnover is concerning, and it may be due to increased competition or changing market conditions. The reduction in bank borrowings is a welcome development, but the company will need to address its profitability to ensure long-term sustainability.

Registered in England/Wales under the registration number 07153492, with a registered address at WR9 9AY, Droitwich, Worcestershire, The Oakley, Kidderminster Road.

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