Thermofrost Cryo Limited

Thermofrost Cryo Ltd from Birmingham UK: a small, active company established 53 years ago, employs 35 people, and holds assets valued at £3,959,594. With eight directors and one owner, the company operates from a real address and regularly imports and exports machinery, boilers, and mechanical appliances, parts—a substantial 524 months of import activity and 16 months of export activity recorded.

The company’s website showcases a wide range of products and services, including refrigeration, air conditioning, industrial solutions, and heating equipment. It's clear they’re not an e-commerce business in the traditional sense; instead, it functions as a trade supplier with a focus on wholesale distribution. The site features detailed product listings, technical specifications, and a rewards club for loyal customers. It also has a section for news and resources, demonstrating a commitment to industry expertise.

Financially, Thermofrost Cryo Ltd shows some concerning trends. Current assets have decreased by 23%, dropping to £4,000,000, while net assets have also fallen by 9.3%, settling at £1,600,000. Bank borrowings have been reduced by 32%, down to £810,000, and cash reserves have increased by 21%, reaching £150,000. Creditors have significantly decreased by 22%, dropping to £2,400,000, which could indicate improved debt management. Despite this, the drop in net assets is a potential red flag. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the decrease in equity warrants further scrutiny. No auditor is mentioned, which is typical for a small, exempt company.

Overall, Thermofrost Cryo Ltd appears to be navigating a period of financial adjustment. While the decrease in debt and creditors is positive, the decline in net assets suggests a need for careful management and a focus on profitability. The company’s long-standing presence and established trade relationships could provide a buffer against these challenges, but continued monitoring of its financial health will be important.

Registered in England/Wales under the registration number 01036288, with a registered address at B5 6LB, England, Birmingham, Robert Fawkes House, 64 Rea Street South.

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