Vistech Cooling Systems Limited

Vistech Cooling Systems Ltd from London UK: a small, family business, active status, founded 21 years ago, employs nine people, and holds £2,734,267 in assets. It operates from a virtual address and is led by two directors and two owners, boasting a perfect 5.0 Google rating based on one review. The company regularly imports machinery, boilers, and mechanical appliances, parts, with the last import operation made on December 01, 2024.

Vistech Cooling Systems specializes in industrial and commercial cooling systems, offering consultancy, technical design, manufacturing, installation, and maintenance services. Its website highlights a range of products and services, including cooling towers, adiabatic coolers, dry air coolers, and performance testing. The company also provides solutions for refurbishment, installation, and maintenance, catering to industries such as automotive, chemical, and food beverage. The site even includes a cooling tower diagnostic tool and articles on topics like waterborne diseases and adiabatic ROI calculators.

Financially, Vistech Cooling Systems shows some interesting trends. While cash reserves dropped 15% to £950,000, net assets increased 27% to £830,000. However, creditors jumped 45% to £2,000,000, and bank borrowings decreased slightly to £43,000. Trade debtors significantly increased by 210% to £1,000,000, which could indicate a period of rapid growth, or perhaps delayed payments. The company’s small size (meeting two of three conditions for being small: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in creditors suggests a need to manage cash flow. There’s no auditor mentioned, likely due to its small company status, so the figures are unaudited.

The company’s reliance on a virtual address, while common, raises questions about its physical presence. It's a family business, and the directors seem to have changed their roles nine years ago. The company’s focus on cooling systems technology and its commitment to sustainability are clear, but whether it can sustain its growth in a competitive market remains to be seen.

Registered in England/Wales under the registration number 04808079, with a registered address at WC2A 2JR, England, London, 7 Bell Yard.

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