refrigeration solutions limited Company Information
Company Number
07856516
Registered Address
45 carnarvon street, manchester, M3 1EZ
Industry
Wholesale of other machinery and equipment
Telephone
-
Next Accounts Due
July 2025
Group Structure
View All
Directors
Abdul Salam12 Years
Shareholders
abdul salam 100%
refrigeration solutions limited Estimated Valuation
Pomanda estimates the enterprise value of REFRIGERATION SOLUTIONS LIMITED at £266.8k based on a Turnover of £620.3k and 0.43x industry multiple (adjusted for size and gross margin).
refrigeration solutions limited Estimated Valuation
Pomanda estimates the enterprise value of REFRIGERATION SOLUTIONS LIMITED at £0 based on an EBITDA of £-783 and a 3.68x industry multiple (adjusted for size and gross margin).
refrigeration solutions limited Estimated Valuation
Pomanda estimates the enterprise value of REFRIGERATION SOLUTIONS LIMITED at £88.2k based on Net Assets of £72.1k and 1.22x industry multiple (adjusted for liquidity).
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Refrigeration Solutions Limited Overview
Refrigeration Solutions Limited is a live company located in manchester, M3 1EZ with a Companies House number of 07856516. It operates in the wholesale of other machinery and equipment sector, SIC Code 46690. Founded in November 2011, it's largest shareholder is abdul salam with a 100% stake. Refrigeration Solutions Limited is a established, small sized company, Pomanda has estimated its turnover at £620.3k with high growth in recent years.
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Refrigeration Solutions Limited Health Check
Pomanda's financial health check has awarded Refrigeration Solutions Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 8 areas for improvement. Company Health Check FAQs
![Health Check Image](/assets/images/big_heart.png)
![positive_score](/assets/images/scoreRate2.png)
2 Strong
![positive_score](/assets/images/scoreRate1.png)
1 Regular
![positive_score](/assets/images/scoreRate0.png)
8 Weak
![size](/assets/images/scoreRate0.png)
Size
annual sales of £620.3k, make it smaller than the average company (£15.9m)
- Refrigeration Solutions Limited
£15.9m - Industry AVG
![growth](/assets/images/scoreRate2.png)
Growth
3 year (CAGR) sales growth of 27%, show it is growing at a faster rate (6.1%)
- Refrigeration Solutions Limited
6.1% - Industry AVG
![production](/assets/images/scoreRate0.png)
Production
with a gross margin of 20%, this company has a higher cost of product (28.3%)
- Refrigeration Solutions Limited
28.3% - Industry AVG
![profitability](/assets/images/scoreRate0.png)
Profitability
an operating margin of -0.3% make it less profitable than the average company (5.3%)
- Refrigeration Solutions Limited
5.3% - Industry AVG
![employees](/assets/images/scoreRate0.png)
Employees
with 4 employees, this is below the industry average (36)
4 - Refrigeration Solutions Limited
36 - Industry AVG
![paystructure](/assets/images/scoreRate1.png)
Pay Structure
on an average salary of £49.1k, the company has an equivalent pay structure (£49.1k)
- Refrigeration Solutions Limited
£49.1k - Industry AVG
![efficiency](/assets/images/scoreRate0.png)
Efficiency
resulting in sales per employee of £155.1k, this is less efficient (£363.1k)
- Refrigeration Solutions Limited
£363.1k - Industry AVG
![debtordays](/assets/images/scoreRate-1.png)
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Refrigeration Solutions Limited
- - Industry AVG
![creditordays](/assets/images/scoreRate2.png)
Creditor Days
its suppliers are paid after 84 days, this is slower than average (34 days)
- Refrigeration Solutions Limited
34 days - Industry AVG
![stockdays](/assets/images/scoreRate0.png)
Stock Days
it holds stock equivalent to 146 days, this is more than average (75 days)
- Refrigeration Solutions Limited
75 days - Industry AVG
![cashbalance](/assets/images/scoreRate0.png)
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (14 weeks)
2 weeks - Refrigeration Solutions Limited
14 weeks - Industry AVG
![debtlevel](/assets/images/scoreRate0.png)
Debt Level
it has a ratio of liabilities to total assets of 65.8%, this is a higher level of debt than the average (53.3%)
65.8% - Refrigeration Solutions Limited
53.3% - Industry AVG
REFRIGERATION SOLUTIONS LIMITED financials
![ms excel logo](/assets/images/ms_excel_logo.png)
Refrigeration Solutions Limited's latest turnover from October 2023 is estimated at £620.3 thousand and the company has net assets of £72.1 thousand. According to their latest financial statements, Refrigeration Solutions Limited has 4 employees and maintains cash reserves of £5.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | ||||||||||||
Other Income Or Grants | ||||||||||||
Cost Of Sales | ||||||||||||
Gross Profit | ||||||||||||
Admin Expenses | ||||||||||||
Operating Profit | ||||||||||||
Interest Payable | ||||||||||||
Interest Receivable | ||||||||||||
Pre-Tax Profit | ||||||||||||
Tax | ||||||||||||
Profit After Tax | ||||||||||||
Dividends Paid | ||||||||||||
Retained Profit | ||||||||||||
Employee Costs | ||||||||||||
Number Of Employees | 4 | 4 | 2 | 2 | 3 | 3 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 6,419 | 7,335 | 8,401 | 9,467 | 450 | 600 | 750 | 900 | 1,050 | 1,200 | 1,350 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 6,419 | 7,335 | 8,401 | 9,467 | 450 | 600 | 750 | 900 | 1,050 | 1,200 | 1,350 | 0 |
Stock & work in progress | 198,910 | 199,580 | 185,730 | 149,110 | 109,240 | 0 | 0 | 0 | 72,925 | 34,975 | 39,345 | 29,224 |
Trade Debtors | 0 | 4,065 | 0 | 0 | 492 | 78,157 | 73,888 | 72,232 | 359 | 1,000 | 720 | 0 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 0 | 0 | 15,959 | 162 | 167 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 5,626 | 7,458 | 25,358 | 45,723 | 320 | 0 | 0 | 0 | 3,819 | 1,807 | 1,536 | 1,971 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 204,536 | 211,103 | 227,047 | 194,995 | 110,219 | 78,157 | 73,888 | 72,232 | 77,103 | 37,782 | 41,601 | 31,195 |
total assets | 210,955 | 218,438 | 235,448 | 204,462 | 110,669 | 78,757 | 74,638 | 73,132 | 78,153 | 38,982 | 42,951 | 31,195 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 115,094 | 111,648 | 25,492 | 35,439 | 31,208 | 54,237 | 56,575 | 56,983 | 63,528 | 31,006 | 41,412 | 28,761 |
Group/Directors Accounts | 0 | 0 | 70,525 | 57,271 | 38,479 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 13,814 | 11,649 | 8,229 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 115,094 | 111,648 | 109,831 | 104,359 | 77,916 | 54,237 | 56,575 | 56,983 | 63,528 | 31,006 | 41,412 | 28,761 |
loans | 0 | 0 | 42,224 | 46,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 23,767 | 33,324 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 23,767 | 33,324 | 42,224 | 46,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total liabilities | 138,861 | 144,972 | 152,055 | 150,359 | 77,916 | 54,237 | 56,575 | 56,983 | 63,528 | 31,006 | 41,412 | 28,761 |
net assets | 72,094 | 73,466 | 83,393 | 54,103 | 32,753 | 24,520 | 18,063 | 16,149 | 14,625 | 7,976 | 1,539 | 2,434 |
total shareholders funds | 72,094 | 73,466 | 83,393 | 54,103 | 32,753 | 24,520 | 18,063 | 16,149 | 14,625 | 7,976 | 1,539 | 2,434 |
Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||
Operating Profit | ||||||||||||
Depreciation | 916 | 1,066 | 1,066 | 150 | 150 | 150 | 0 | |||||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Tax | ||||||||||||
Stock | -670 | 13,850 | 36,620 | 39,870 | 109,240 | 0 | 0 | -72,925 | 37,950 | -4,370 | 10,121 | 29,224 |
Debtors | -4,065 | -11,894 | 15,797 | -497 | -77,498 | 4,269 | 1,656 | 71,873 | -641 | 280 | 720 | 0 |
Creditors | 3,446 | 86,156 | -9,947 | 4,231 | -23,029 | -2,338 | -408 | -6,545 | 32,522 | -10,406 | 12,651 | 28,761 |
Accruals and Deferred Income | 0 | -13,814 | 2,165 | 3,420 | 8,229 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||||||
Investing Activities | ||||||||||||
capital expenditure | ||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||
Financing Activities | ||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | -70,525 | 13,254 | 18,792 | 38,479 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | -42,224 | -3,776 | 46,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | -9,557 | 33,324 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||
interest | ||||||||||||
cash flow from financing | ||||||||||||
cash and cash equivalents | ||||||||||||
cash | -1,832 | -17,900 | -20,365 | 45,403 | 320 | 0 | 0 | -3,819 | 2,012 | 271 | -435 | 1,971 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -1,832 | -17,900 | -20,365 | 45,403 | 320 | 0 | 0 | -3,819 | 2,012 | 271 | -435 | 1,971 |
refrigeration solutions limited Credit Report and Business Information
Refrigeration Solutions Limited Competitor Analysis
![competitor_analysis_table_img](/assets/images/competitor_analysis_table.png)
Perform a competitor analysis for refrigeration solutions limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in M 3 area or any other competitors across 12 key performance metrics.
refrigeration solutions limited Ownership
REFRIGERATION SOLUTIONS LIMITED group structure
Refrigeration Solutions Limited has no subsidiary companies.
Ultimate parent company
REFRIGERATION SOLUTIONS LIMITED
07856516
refrigeration solutions limited directors
Refrigeration Solutions Limited currently has 1 director, Mr Abdul Salam serving since Nov 2011.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Abdul Salam | England | 71 years | Nov 2011 | - | Director |
P&L
October 2023turnover
620.3k
+68%
operating profit
-1.7k
0%
gross margin
20.1%
-1.61%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
72.1k
-0.02%
total assets
211k
-0.03%
cash
5.6k
-0.25%
net assets
Total assets minus all liabilities
refrigeration solutions limited company details
company number
07856516
Type
Private limited with Share Capital
industry
46690 - Wholesale of other machinery and equipment
incorporation date
November 2011
age
13
incorporated
UK
accounts
Unaudited Abridged
ultimate parent company
previous names
N/A
last accounts submitted
October 2023
address
45 carnarvon street, manchester, M3 1EZ
accountant
-
auditor
-
refrigeration solutions limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to refrigeration solutions limited.
![charges](/assets/images/company_charges.png)
refrigeration solutions limited Companies House Filings - See Documents
date | description | view/download |
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