Koolmax Group Ltd

Koolmax Group Ltd from Bolton, UK, is a small, active company founded thirteen years ago in 2012. Employing fifty-six people, it holds £3,742,521 in assets and operates from a real address. The business is led by three directors and owned by two individuals, and it runs an e-commerce site with a 3.0 Google rating based on fifty-three reviews. Koolmax Group regularly imports machinery, boilers, and mechanical appliances, parts, with 128 months of import activity recorded.

The company’s website showcases a wide range of commercial refrigeration and shopfitting solutions. It’s a one-stop shop for everything from bottle coolers and bar fridges to cake display units and blast chillers. The site also offers services like retail design and shopfitting, catering to businesses in the food and hospitality industries. It’s clear Koolmax Group is targeting commercial clients, providing equipment and services to keep their operations running smoothly.

Financially, Koolmax Group’s recent report reveals some interesting trends. Accumulated depreciation for plant machinery increased by 84%, while vehicles saw a substantial 370% jump—a sign of investment in equipment. However, the number of employees decreased by 12%, and bank borrowings rose by 20%, suggesting a need for more funding. On the positive side, cash reserves increased dramatically, by 780%, and creditors decreased by 12%, indicating improved debt management. 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 for flexibility, but the decrease in the number of employees might be a concern. No auditor is mentioned, likely due to the small company status.

Overall, Koolmax Group appears to be a stable, albeit small, business navigating the challenges of a competitive market. The increased investment in equipment and improved debt management are encouraging signs, but the decrease in employees warrants further monitoring.

Registered in England/Wales under the registration number 07954422, with a registered address at BL3 6JF, England, Bolton, Unit 1 Cambrian Business Park, Derby Street.

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