Coolair Equipment Limited
02883010
Healthy
- Going concern doubt noted in accounts (-10)
- 3 outstanding charges (-6)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 07/01/1994
ENGINEER
BRITISH · ENGLAND · Age 66
Also on 7 other boards
director · Since 01/01/2004
CHARTERED ACCOUNTANT
BRITISH · UNITED KINGDOM · Age 59
Also on 15 other boards
secretary · Since 26/03/2004
CHARTERED ACCOUNTANT
BRITISH · UNITED KINGDOM · Age 59
Also on 15 other boards
director · Since 27/04/2012
DIRECTOR
ENGLISH · ENGLAND · Age 55
Also on 1 other board
Persons with Significant Control
Coolair Management Company Ltd
Coolair House, Globe Lane, Dukinfield, SK16 4UJ
Reg: 07471434 · England · Limited
Notified 10/04/2016
Charges3 outstanding
NATIONAL WESTMINSTER BANK PLC
TURKEY MILL INVESTMENTS LIMITED
DAIKIN EUROPE N.V.
DAIKIN EUROPE N.V.
NATIONAL WESTMINSTER BANK PLC
NATIONAL WESTMINSTER BANK PLC
CompanyRankvs 1368+ SIC 43220 peers66
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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
lead to significant doubt upon the Company's ability to continue as a going concern. Thus the directors have continued to adopt the going concern basis of accounting in preparing these financial statements. Future developments The Board are optimistic about the long term future growth and direction of Coolair and have developed a Mission State
Key FinancialsYear ending 31/12/2024
Turnover
£19.5M
Annual revenue
Net Worth
£2.6M
Balance sheet strength
Cash
£25k
Cash in the bank
Profit Before Tax
£158k
Bottom line earnings
Net Current Assets
£1.9M
Working capital
Current Assets
£5.1M
Current Liabilities
£3.2M
Fixed Assets
£725k
Debtors
£283k
Cost of Sales
£15.7M
Gross Profit
£3.8M
Admin Expenses
£3.7M
Operating Profit
£166k
Profit After Tax
£161k
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.59 | +£61k |
| 2023 | 1.44 | +£134k |
| 2022 | 1.46 | -£2.1M |
| 2021 | 2.52 | +£140k |
| 2019 | 1.62 | — |
Derived from filed accounts. Not audited figures.