Freedom Air Conditioning Limited

Freedom Air Conditioning Ltd from Southampton UK: a small holding company with an active status, was founded 16 years ago. It employs 13 people and holds £1,766,964 in assets, operating from a virtual address. The company is led by five directors and has one owner, boasting a stellar 5.0 Google rating based on 11 reviews. It regularly imports machinery, boilers, and mechanical appliances, with parts imported for the last five months.

The company’s website, freedomac.co.uk, positions itself as a wholesale distributor of air conditioning systems and spares. It partners with leading brands like Samsung, Midea, Daikin, and Hitachi, offering a wide range of products from RAC (Residential Air Conditioning) to VRF (Variable Refrigerant Flow) systems. The site caters to trade customers, providing application guides, pricelists, and support files. There is also a section for homeowners and end users, directing them to consumer pages. It's clear they are focused on B2B sales, not direct consumer sales.

Financially, Freedom Air Conditioning Ltd’s report reveals some concerning trends. While current assets increased by 5.7% to £1,800,000, net assets have jumped by 19% to £830,000. However, bank borrowings have increased significantly by 11% to £320,000, and cash reserves have fallen by 50% to £120,000. Trade debtors have also increased by 25%, which could indicate difficulties in collecting payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s exempt from an audit, so the figures are unaudited. The directors have been increasing their advances, which is something to keep an eye on.

Overall, Freedom Air Conditioning Ltd appears to be a well-regarded distributor in its niche, but the rising debt and declining cash reserves suggest it’s burning through money. Whether the company can sustain this level of growth remains to be seen, but the strong Google rating and partnerships with major brands indicate a solid foundation.

Registered in England/Wales under the registration number 06749714, with a registered address at SO50 9PD, United Kingdom, Southampton, Hampshire, Fleming Court Leigh Road, Eastleigh.

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