Intercools Ltd

Intercools Ltd, based in Stoke-On-Trent, UK, is a small holding company with an active status. Established two years ago in August 2022, it employs five people and holds assets valued at £571,425. The company is led by six directors and has one owner, The Feel Good Holding Group Ltd. It operates from a real address, sharing space with only one other company, and is subject to small company regulations.

Intercools’ core business revolves around resin solutions, as evidenced by its website. It positions itself as a provider of “exceptional resin solutions,” offering services like resin bonding, flexing, playing, and mulching. The company highlights a global approach to sourcing materials and emphasizes a dedication to quality, with a particular focus on the expertise of materials sourcing expert, Dave Bell. The website also features a separate division, 1066 Pianos, which specializes in high-end piano restoration—a surprising diversification from the resin business.

Financially, Intercools Ltd shows some concerning trends. While current assets increased significantly to £570,000, a jump of 570,000%, net assets declined to £200,000. Bank borrowings rose by 200,000%, reaching £19,000, and cash reserves fell 30% to £130,000. Trade debtors increased by 350,000%, reaching £350,000. Creditors decreased by 18%, suggesting better debt management. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small company, it’s exempt from an audit, and the financial statements are unaudited.

Overall, Intercools Ltd appears to be facing some financial pressures despite its growth in assets. The sharp decline in equity and increase in borrowings suggest a need for careful management, though the company’s diverse business interests and focus on quality may provide a buffer against these challenges.

Registered in England/Wales under the registration number 14288838, with a registered address at ST6 4JZ, England, Stoke On Trent, Staffordshire, Intercools Ltd Units E&F Daniel Platts Business Park, Charles Clowes Drive.

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