Nexus Cooling Ltd

Nexus Cooling Ltd, based in Wimborne, UK, is a small, active company founded fifteen years ago in 2009. Employing just three people, the company holds £76,508 in assets and operates from a real address. It's a solo founder operation, managed by one director and owner, and runs an e-commerce site. Nexus Cooling is a regular importer, specializing in machinery, boilers, and mechanical appliances – parts, with six months of import activity recorded.

The company’s website highlights its focus on industrial cooling solutions, offering everything from packaged chillers to design and installation services. They cater to industries like breweries, plastics, food and beverages, and medical facilities, emphasizing energy efficiency and cost savings. The website also promotes rental options for chillers, including temporary summer additions. It’s a well-presented site with clear calls to action and a focus on customer service.

Financially, Nexus Cooling Ltd’s recent report reveals some concerning trends. Net assets have dropped significantly by 67%, falling to just £3,500. Cash reserves have plummeted 99%, leaving just £1 in the bank. Bank borrowings have decreased, but the sharp decline in equity is a major red flag. Average number of employees has also fallen dramatically, from three to one. Creditors have increased, and trade debtors have surged—suggesting difficulties in collecting payments. The company’s small size (meeting two of three conditions for a small company) means it’s exempt from an audit, and the figures are unaudited.

While the company’s website projects a professional image and a focus on customer service, the financial data suggests it’s facing challenges. The steep decline in equity and the minimal cash reserves indicate that Nexus Cooling Ltd is burning through money faster than it’s bringing it in. Whether the company can turn things around remains to be seen, but it will need to address its financial situation quickly.

Registered in England/Wales under the registration number 06943164, with a registered address at BH21 1JS, England, Wimborne, Dorset, Faulkner House, 31 West Street.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.