Sub-cool Fm Limited

Sub-Cool FM Limited, based in Crawley, UK, is a small, active company founded nine years ago. With thirteen employees and £2,175,165 in assets, it’s a solo-founded operation managed by a single director and owner, Swei Jacob. The company holds a stellar 5.0 Google rating from 47 reviews, indicating strong customer satisfaction. It’s an irregular importer, primarily dealing in plastics and plastic products, with the last import operation recorded just one month ago. The company operates in the other business support service activities n.e.c. industries.

While the company's website is unavailable, its financial data paints a picture of a business experiencing significant growth, but also facing some challenges. Cash bank on hand has increased dramatically, soaring 250% to £1,200,000, a positive sign of improved liquidity. Current assets have also doubled to £2,200,000. However, creditors have increased substantially, jumping 160% to £1,800,000, which could indicate reliance on short-term financing. Trade debtors have also risen, increasing 30% to £780,000, suggesting potential delays in customer payments. Net assets have grown by 26% to £470,000, and equity has also increased by 26% to £470,000.

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 increase in creditors warrants careful monitoring. The lack of an auditor mentioned (likely exempt as a small company) means the financial statements are unaudited. The company’s growth in assets and cash reserves is encouraging, but the rise in liabilities suggests a need to manage debt effectively.

Registered in England/Wales under the registration number 09877349, with a registered address at RH10 1HT, England, Crawley, West Sussex, Ground Floor, 1-7 Station Road.

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