Its Cold Inside Limited

Its Cold Inside Limited is a small, active holding company based in Sheffield, UK. Established twelve years ago in February 2013, the company employs five people and holds £2,107,283 in assets. It operates from a real address at Montgomery House, Stocksbridge, and is overseen by five directors and one owner. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with 7 months of import activity recorded as of September 01, 2024.

The company’s primary activities involve wholesale trade of motor vehicle parts and accessories, retail sales (not in stores), and renting of equipment. It also owns Refrigerated Trailer Sales and Hire Limited. The website is currently unavailable, so it’s difficult to determine if it operates an e-commerce site.

Financially, Its Cold Inside Limited shows some concerning trends. Cash bank on hand increased dramatically by 560% to £180,000, which is good. However, net assets liabilities went down by 2000% to -£720,000, a significant drop. Bank borrowings increased by 29% to £36,000, and trade creditors increased by 83% to £130,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to be flexible, but the decline in equity is a cause for concern. The company is exempt from an audit, so the financial information is unaudited.

The increase in bank borrowings and the decrease in net assets suggest the company may be burning through cash to sustain operations. While the increase in cash bank on hand is positive, it’s unclear if it’s enough to offset the ongoing losses. The lack of employees (five reported) points to a lean operation, but it also limits the company’s ability to scale.

Registered in England/Wales under the registration number 08387276, with a registered address at S36 4GS, England, Sheffield, South Yorkshire, Montgomery House, Stocksbridge.

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