Safe Cold Ltd

Safe Cold Ltd, based in Harlow, UK, is a small, active company founded eleven years ago in 2014. With six employees and £330,378 in assets, it operates from a real address and is managed by one director and owner. A 4.0 Google rating from eight reviews suggests a positive customer experience, and the company regularly imports machinery, boilers, and mechanical appliances—parts, with 41 months of import activity recorded.

The company’s website, while not provided, likely focuses on wholesale and repair services, aligning with its listed activities: repair of other equipment, building completion and finishing, wholesale of machinery, and non-specialised wholesale trade. It's likely an ecommerce site, though details are unavailable.

Financially, Safe Cold Ltd shows a mixed picture. Current assets have increased significantly, jumping 130% to £330,000, while net assets have also increased by 130% to £210,000. Cash reserves have seen a dramatic increase, soaring 2300% to £260,000—a very positive sign. However, bank borrowings have decreased by 63%, and creditors have also decreased by 63%, suggesting better debt management. Trade debtors have increased by 15%, which could be a good thing, or it could mean that customers are taking longer to pay. 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 agility, but the changes in the number of employees—dropping from six to four—are notable. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Safe Cold Ltd appears to be financially healthy, with a substantial increase in cash reserves and a decrease in debt. However, the decrease in employees and changes in trade debtors warrant further observation.

Registered in England/Wales under the registration number 08956844, with a registered address at CM20 2SE, England, Harlow, Unit 27 Mead Park Industrial Estate.

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