Polysec Coldrooms Limited

Polysec Coldrooms Ltd from Worcester UK: a small holding company with an active status, was founded 38 years ago in 1986. The company employs seven people and holds assets valued at £543,853. With a real address and two directors, it's a modest operation, boasting a perfect 5.0 Google rating from a single review. Polysec Coldrooms is an irregular importer, specializing in machinery, boilers, and mechanical appliances; parts, with its last import activity recorded just one month ago.

The company’s website highlights its expertise in designing, manufacturing, and installing polyurethane insulated coldrooms and coldstores, catering to both walk-in and drive-in applications. They serve chiller and freezer environments, with a focus on specialist sectors. The site also mentions a division dedicated to piano restoration, operating from Cambridge and even featuring a showroom in Harrods—a surprising diversification from their core coldroom business. They offer museum-grade restorations, self-play system integrations, and disaster recovery services for damaged pianos.

Financially, Polysec Coldrooms Ltd presents a mixed picture. Current assets increased slightly to £540,000, while net assets grew by 14% to £440,000. However, bank borrowings decreased by 100% to zero, and cash reserves fell 2.1% to £230,000. Trade debtors increased by 22%, which could indicate an expansion of credit terms or delayed payments from customers. Creditors also increased by 95%, which may be a result of increased stock purchases. The company meets the criteria to be classified as a small company, and no auditor is mentioned, meaning the financial statements are unaudited.

Overall, Polysec Coldrooms Ltd appears to be a stable, albeit small, business. The diversification into piano restoration is an interesting development, and while the financial numbers show some fluctuations, the company seems to be holding its own.

Registered in England/Wales under the registration number 02062020, with a registered address at WR3 8TJ, Worcester, Blackpole Trading Estate West, Hindlip Lane.

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