FRIDGE SPARES WHOLESALE LTD

• ◆

  2 PSCs ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. FRIDGE SPARES WHOLESALE LTD 2010-02-26 → present
2. REFRIGERATION PARTS WHOLESALE LIMITED 1984-03-20 → 2010-02-26

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Azets Audit Services

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent 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.”

Group structure

1. FRIDGE SPARES WHOLESALE LTD · parent
   1. Fridge Spares (N.I.) Limited 100% · Non-trading company
   2. Beacon Design and Engineering Limited 100% · design and assembly of refrigeration and air-con
   3. RG14 Limited 100% · Holding Company
   4. NRW Holdings Limited 100% · Holding Company
   5. Equipment Spare Parts Limited 100% · Procurement and sale of refrigeration equipment.
   6. Northern Refrigeration Wholesale Limited 100% · Non-trading company
   7. Northern Refrigeration Wholesale (F.M.) Limited 100% · Non-trading company
   8. Just One Call Limited 100% · Non-trading company

Significant events

• “FSW were successful following an open tender process in acquiring one of our competitors branches in Aberdeen. This acquisition was approved by the competition authority and trading commenced on the 1st April 2024.”
• “The Group opened a new Aberdeen branch in April 2024.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +5.9%

  £82,477,881 → £87,329,483

• Cash

  -44%

  £13,171,877 → £7,377,642

• Net assets

  +5.3%

  £27,327,468 → £28,777,685

• Employees

  +8.4%

  275 → 298

• Operating profit

  -47%

  £3,692,111 → £1,955,741

• Profit before tax

  -44.7%

  £3,684,361 → £2,037,733

• Wages

  +9.9%

  £10,164,327 → £11,174,748

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers