Lynton Refrigeration Limited

Lynton Refrigeration Ltd from Oldham UK: a small holding company with an active status, was founded 37 years ago in 1987. The company employs 34 people and holds £1,638,063 in assets, operating from a real address and managed by three directors and one owner. It boasts a perfect 5.0 Google rating from 12 reviews and regularly imports machinery, boilers, and mechanical appliances; parts, with its last import operation in September 2022.

The company’s website reveals its core business: providing transport refrigeration sales, service, and support. Lynton Refrigeration acts as a Carrier Transicold partner, offering sales, installation, servicing, and breakdown support for refrigerated transport systems. It serves a wide range of customers, from owner-drivers to national fleets, with service centres in Manchester and the North East, plus mobile engineers across the network. The website highlights its expertise in refrigeration unit sales, installation, and maintenance, and features testimonials from satisfied clients. It’s clear they are a specialist in keeping things cool!

Financially, Lynton Refrigeration Ltd presents a mixed picture. While cash bank on hand decreased by 12% to £380,000, fixed assets increased by 15% to £240,000, suggesting investments in equipment. However, accumulated depreciation impairment property plant equipment rose by 14%, and bank borrowings increased by 16%, indicating a potential need for external funding. Creditors also increased by 14%, and trade debtors by 5%, which could be a sign of slower payments. Despite this, 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 agility. There’s no mention of an auditor, likely due to its status as a small company, so the financial statements are unaudited.

Overall, Lynton Refrigeration Ltd appears to be a well-established business with a strong reputation, but the financial data suggests it’s facing some challenges. It’s a company that’s holding steady, but could benefit from improved cash flow management.

Registered in England/Wales under the registration number 02167884, with a registered address at OL9 9LY, Oldham, Lancashire, Sterling House501 Middleton Road, Chadderton.

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