Klimatec Limited

Klimatec Ltd from Warwick, UK, is a small holding company with an active status, established 21 years ago. Employing 46 people and boasting £4,340,871 in assets, it operates from a real address and is overseen by five directors and one owner. Its Google rating sits at 3.0 based on just two reviews. The company is an irregular importer of electrical machinery and equipment, with recent activity recorded just two months ago.

Klimatec Limited specializes in providing cooling solutions for critical commercial infrastructure, particularly large-scale data centers. Its website highlights a focus on fluid chiller specialist engineering support services, offering installation, repair, and maintenance of chillerplant equipment. The company works with trusted brands like Refcom, Daikin, and Mitsubishi, and has a strong reputation for providing extensive cooling services to British businesses. It’s a business that seems to be doing well, and has a Midlands team that recently replaced two York air-cooled chillers with Daikin units.

Financially, Klimatec Ltd shows a mixed picture. Current assets have increased by a substantial 62% to £4,300,000, while cash reserves have jumped an impressive 94% to £2,900,000. However, net losses deepened from -£10,000 to -£23,000, and bank borrowings surged by 2,400%, reaching £29,000. Creditors also increased significantly, by 190% to £180,000. The company’s small size—meeting two of three criteria for a small company—allows it to remain agile. The lack of an auditor mentioned likely means the financial statements are unaudited.

Overall, Klimatec Ltd appears to be a stable, albeit growing, business. The increase in assets and cash reserves is encouraging, but the rise in debt and losses suggests it’s burning through money a little faster than it’s bringing it in. It’s a company that seems to be doing well, and has a Midlands team that recently replaced two York air-cooled chillers with Daikin units.

Registered in England/Wales under the registration number 05114330, with a registered address at CV34 5WQ, Warwick, Warwichshire, 2 Lammas Centre, Budbrooke Industrial Estate.

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