Kooltrade Limited

Kooltrade Ltd from Stockport UK: small company, active status, founded 41 years ago, 21 employees, £2,715,906 assets, virtual address, 1 director, 1 owner, google rating 4.0 based on 13 reviews. Regular importer of furniture, lighting, and prefabricated buildings (280 months imported). Regular exporter of furniture, lighting, and prefabricated buildings (9 months exported). It’s a small business, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company operates from a virtual address, registered at 41 Greek Street, SK3 8AX, which is shared by fifty-three other companies.

Kooltrade Ltd dedicates itself to bringing premium nursery products to the UK and Irish markets. Its website highlights a network of exclusive brands—aden+anais, airwrap, babymonsters, and more—each offering unique design or function. The company also runs a warehouse in Denton, Manchester, and provides services like sales, marketing, design, and distribution. It’s clear that Kooltrade Ltd focuses on a B2B model, supplying retailers rather than selling directly to consumers.

Financially, Kooltrade Ltd shows some concerning trends. While current assets increased by 18% to £2.7 million, net assets only grew by 0.81% to £2.3 million. Bank borrowings surged by 14% to £460,000, and cash reserves increased by a significant 92% to £140,000. Creditors, however, jumped by 38% to £1.7 million, suggesting a greater reliance on short-term financing. The company’s average number of employees decreased by 14% to 18, which may be a result of restructuring or seasonal fluctuations. The accounts are unaudited, likely due to its small size, and there’s no auditor mentioned.

Despite these challenges, Kooltrade Ltd appears to be holding its own. The strong Google rating and the focus on exclusive brands suggest a loyal customer base. However, the increase in bank borrowings and creditors warrants close monitoring. The company's long history and established relationships within the nursery market could prove valuable in navigating these pressures.

Registered in England/Wales under the registration number 01741058, with a registered address at SK3 8AX, Stockport, Cheshire, 41 Greek Street.

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