Owen Refrigeration Limited

Owen Refrigeration Limited, based in Wellingborough, UK, is a small, active company founded 23 years ago. With 34 employees and £4,904,095 in assets, it's a well-established business operating from a real address. The company, led by three directors and two owners (though the list isn't exhaustive), is a solo founder’s creation and irregularly imports machinery, boilers, and mechanical appliances—the last import was recorded over two years ago in July 2022.

The company’s website, Owen Mechanical and Electrical Engineering, showcases a focus on mechanical and electrical design, service, and maintenance. Recent work highlights projects for Christie Co, Lakeside House, and A B Cambridge, demonstrating a portfolio of commercial and industrial clients. The website also includes a contact form and details about their address and telephone number. It’s clear they’re not primarily an e-commerce business; instead, they function as a service provider with a physical presence and a focus on building relationships.

Financially, Owen Refrigeration Limited shows a mixed picture. Cash bank on hand has impressively increased by 180% to £2.9 million, and net assets have grown by 39% to £2.6 million. However, accrued liabilities have jumped significantly, increasing by 390% to £660,000, and trade debtors have risen by 44% to £1.8 million. While current assets have increased by 67% to £4.9 million, total inventories have fallen by 54% to £140,000. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the increase in liabilities suggests a need to manage cash flow more closely. The company’s accounts are abridged and unaudited, and no auditor is mentioned, which is common for small companies. The company’s employees have increased by 5.9% to 36, which is a good sign.

Registered in England/Wales under the registration number 04232465, with a registered address at NN8 4BQ, Wellingborough, Northamptonshire, 5 Bentley Court, Paterson Road,.

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