Pressure Coolers Limited
- Small
- Active
- 25 years
- 11 employees
- £774,722 (assets)
- Real address
- 2 directors
- 1 owner
- Regular importer
- Irregular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
The directors list was changed 4 months ago, a good sign to sell them something.
Field of Operation
Website
Social media
Summary
Pressure Coolers Limited, based in London, UK, is a small, active company established 25 years ago in 1999. With 11 employees and £774,722 in assets, it operates from a real address and is led by two directors and one owner. The company regularly imports machinery, boilers, and mechanical appliances—parts, with 54 months of import activity recorded, the latest in February 2025. It exports these same items, but irregularly, with just two months of export activity, the last in October 1999.
The company’s website, pressurecoolers.co.uk, showcases a wide range of products and services related to water dispensing and cooling. It sells bottled water coolers, mains water coolers, drinking fountains, boilers, and even offers franchise opportunities. The site also highlights a subsidiary, Full House Coffee, delivering artisan coffee to workplaces. It's clear they're aiming to be a one-stop shop for businesses needing water solutions.
Financially, Pressure Coolers Limited presents a mixed picture. Current assets have increased by 54% to £770,000, which is good news. However, net losses have deepened, and cash bank on hand has vanished completely, dropping 100% to zero. Creditors have increased significantly, rising 340% to £290,000, suggesting increased reliance on short-term borrowing. Trade debtors have also fallen, which could be a positive sign of better credit control. 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 flexibility, but the decrease in cash reserves warrants attention. The accounts are unaudited, exempt as a small company, so the figures rely on director-reported data.
The significant increase in creditors, coupled with the complete disappearance of cash reserves, suggests the company may be burning through money faster than it's bringing it in. Perhaps increased marketing efforts or investment in new equipment are driving these costs, but it’s something to keep an eye on.
Registered in England/Wales under the registration number 03787032, with a registered address at SE28 0BQ, London, 67-69 Nathan Way.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Mitchison Matthew Richard
- 7 years
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Dzhorgov Georgi Ivaylov
- 4 months
- 2
-
Resident of United Kingdom
-
Individual
- Mitchison Matthew
- 24 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Appointment of Mr Georgi Ivaylov Dzhorgov as a director on 2025-01-14Download 2 pages pdf report
-
Unaudited abridged accounts made up to 2024-03-31Download 8 pages pdf report
-
Confirmation statement made on 2024-06-10 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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Similar exporters
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FAQ about Pressure Coolers Limited
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