Maxkold Ltd

Maxkold Ltd from London UK: a small, active company founded 18 years ago, employs ten people, and holds £4,306,249 in assets. It’s a real address, managed by three directors and one owner, and boasts a stellar 5.0 Google rating from forty reviews. The company regularly imports machinery, boilers, and mechanical appliances—parts, with 117 months of import activity recorded, the latest in November 2024.

Maxkold specialises in commercial refrigeration, acting as a distributor of exclusive products sourced globally. The company’s website highlights its focus on efficiency, quality, and diversity, positioning it as a leading refrigeration company in the UK. It offers a range of condensing units and evaporators, often built to its own specifications, emphasizing reliability, practicality, and energy efficiency. The website showcases products like scroll condensing units, cubic evaporators, and low-temperature panel evaporators, catering to a niche market.

Financially, Maxkold Ltd presents a mixed picture. Current assets have decreased slightly, falling by 2.1% to £4,300,000, while net assets increased by 2.4% to £4,400,000. Cash bank on hand has significantly declined by 52%, dropping to £1,400,000, a notable shift. Trade debtors have surged by 150%, reaching £440,000, which could indicate increased sales or extended payment terms. Creditors have decreased by 46%, suggesting improved debt management. The company’s small size—meeting two of three criteria for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—allows for agility. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

Overall, Maxkold Ltd appears to be navigating a period of change. While the decline in cash reserves is a concern, the growth in trade debtors and improved creditor management offer some reassurance. The company's focus on specialized refrigeration solutions and its strong online presence suggest a solid foundation for future growth, but it’s important to monitor its financial performance closely.

Registered in England/Wales under the registration number 06104900, with a registered address at EN1 1DX, United Kingdom, London, Unit 1 Haslemere Business Centre Lincoln Way, Enfield.

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