Regale Refrigeration And Air Conditioning Limited

Regale Refrigeration And Air Conditioning Ltd from Way, Newbury UK is a small, active company founded 37 years ago. Employing 31 people and holding £1,443,944 in assets, it’s a family business with six directors and three owners. The company boasts a perfect 5.0 Google rating based on 29 reviews. It’s a regular importer of machinery, boilers, and mechanical appliances; parts, with 18 months of import activity recorded as of November 01, 2023.

The company operates in the plumbing, heat, and air-conditioning installation industries. Its registered address is real, with only one other company registered at the same location. The company was previously known as Portabeck Services Limited. The website is not available for review.

Financially, Regale Refrigeration And Air Conditioning Ltd shows some mixed trends. Cash bank on hand decreased by 20% to £620,000, while bank borrowings fell by 63% to £50,000. Creditors decreased by 17% to £770,000, and trade debtors decreased by 9%, suggesting improved debt management. Net assets increased by 11% to £890,000. The company meets two of the three criteria to be considered small: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company is exempt from an audit, so the figures are unaudited.

The decrease in cash reserves could indicate increased investment or operational expenses, while the reduction in debt suggests a more stable financial position. The company’s long history and positive customer reviews point to a solid reputation, but the need for continued financial monitoring is clear.

Registered in England/Wales under the registration number 02171303, with a registered address at RG14 2EZ, Way, Newbury, Berkshire, Unit E, Castle Industrial Park, Castle.

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