The Cooler Company (midlands) Limited

The Cooler Company (Midlands) Limited, based in Wickford, UK, is a small, active family business established 21 years ago. With seven employees and £325,213 in assets, it operates from a virtual address – a point to note as eighty-three companies are registered at the same location. Two directors and two owners manage the business, which has a stellar 5.0 Google rating from four reviews. The company is an irregular importer, primarily dealing with machinery, boilers, and mechanical appliances, with a recent import activity recorded just one month ago.

The Cooler Company's website showcases a focus on water cooler services and bottled water supply. It operates a showroom in Northamptonshire and offers a range of products, including bottled water coolers, mains-fed water coolers, and water boilers. The site emphasizes local service, competitive pricing, and customer care, with a particular focus on installation and maintenance. The company also provides a free 14-day trial offer for its bottled water coolers.

Financially, the company’s performance presents a mixed picture. While cash reserves increased by 12% to £290,000, net assets only grew by 15% to £260,000. Bank borrowings have decreased by 28% to £26,000, which is a positive sign. However, trade creditors have increased by 70% to £46,000, suggesting a reliance on short-term financing. The company’s small size—meeting two of three conditions for a small company—helps it remain flexible, but the increase in trade creditors warrants attention. The accounts are unaudited, a common practice for small companies, and no auditor is mentioned. Overall, The Cooler Company (Midlands) Limited appears to be holding its own, but the rising trade creditors indicate a need to manage short-term liabilities carefully.

Registered in England/Wales under the registration number 04869349, with a registered address at SS11 7HQ, Wickford, Essex, Construction House, Runwell Road.

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