Coolers & Condensers Limited
01778335
Some Concerns
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/08/2015
DIRECTOR
BRITISH · UNITED KINGDOM · Age 58
Also on 5 other boards
Persons with Significant Control
Mr David Robert Gillett
British · England · Age 75
36, Brunel Way, Fareham, PO15 5SA
Notified 06/04/2016
Charges3 outstanding
HSBC BANK PLC
HSBC INVOICE FINANCE (UK) LTD
HSBC INVOICE FINANCE (UK) LIMITED
RBS INVOICE FINANCE LTD
CLOSE BROTHERS LTD
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 42+ SIC 28250 peers60
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co
Key FinancialsYear ending 31/12/2024
Turnover
£19.1M
Annual revenue
Net Worth
£2.3M
Balance sheet strength
Cash
£24k
Cash in the bank
Profit Before Tax
£966k
Bottom line earnings
Net Current Assets
£1.8M
Working capital
Current Assets
£6.4M
Current Liabilities
£4.7M
Fixed Assets
£675k
Debtors
£4.0M
Cost of Sales
£14.5M
Gross Profit
£4.6M
Admin Expenses
£3.5M
Operating Profit
£1.1M
Profit After Tax
£773k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.38 | +£773k |
| 2023 | 1.19 | +£26k |
| 2022 | 1.26 | +£313k |
| 2021 | 1.25 | +£44k |
| 2020 | 1.45 | — |
| 2019 | 1.41 | — |
| 2018 | 1.43 | — |
| 2017 | 1.42 | — |
Derived from filed accounts. Not audited figures.