Refrigeration Spares Limited

Refrigeration Spares Limited, based in London, UK, is a holding company with an active status, celebrating 79 years in business. Founded in 1946, the company employs 54 people and holds assets worth £3,261,326. With three directors and one owner, it maintains a real address and currently has a 3.0 Google rating based on five reviews. The company regularly imports and exports machinery, boilers, and mechanical appliances, parts, with 131 months of import activity and 71 months of export activity.

The company's website showcases a broad range of services, operating as both a supplier of refrigeration products and a provider of piano restoration services. RSL UK, the primary website, focuses on supplying refrigeration equipment and parts, catering to commercial and industrial customers. They boast a wide network of branches across the UK, including Belfast, Coventry, Exeter, Glasgow, London, and Manchester. The website also highlights their expertise in piano restoration through 1066 Pianos, a division specializing in museum-grade restorations and disaster recovery. The website is very informative and has a lot of downloadable documents.

Financially, Refrigeration Spares Limited demonstrates a mixed picture. While property plant and equipment have increased, with motor vehicles rising by 6.4%, cash bank on hand has also increased by 6.1%. However, creditors have significantly risen by 32%, and trade debtors have increased by 18%. The company’s net assets have increased by 2.3%, and net current assets and liabilities are up 2.8%. The company’s retained earnings and accumulated losses have increased by 47%, and the company’s turnover has increased by 16%. The company’s bank borrowings have remained constant. The company is audited by Bayar Hughes & Co.

Overall, Refrigeration Spares Limited appears to be a stable, long-standing business with a diverse range of operations. The increase in creditors suggests a need to manage debt effectively, but the overall financial trends indicate a company that is holding its own and adapting to market conditions.

Registered in England/Wales under the registration number 00408681, with a registered address at E11 3PT, England, London, 31 Harrow Road, Leytonstone.

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