What CoolMed does

CoolMed Ltd is a UK-based manufacturer and direct seller of medical refrigeration equipment, founded in 2018 and headquartered in Salford. The company designs, manufactures, and supplies temperature-controlled storage solutions — including medical refrigerators (+2°C to +8°C), medical freezers, ultra-low temperature (ULT) freezers achieving -86°C, portable vaccine carriers using Peltier thermoelectric cooling, and RTS/CRT ambient storage cabinets (+15°C to +25°C) — primarily for healthcare environments. Its proprietary technology stack includes the iCool temperature probe with digital monitoring, secondary data loggers for compliance, and patented autocascade refrigeration for ULT applications. Products carry a 5-year parts and labour warranty as standard, extendable to 10 years, with R600a eco-friendly refrigerant and antimicrobial surfaces on selected models.

The company operates a hybrid go-to-market combining direct e-commerce sales (with next-day delivery across most UK postcodes) for SMB and individual healthcare buyers, alongside a bulk-quote enterprise sales motion (10+ units) targeting NHS trusts and pharmacy chains, and a distribution partner program for resellers. It serves nine primary verticals: doctor's surgeries, pharmacies and dispensaries, hospital wards, laboratories, veterinary practices, cosmetic clinics, dental surgeries, neonatal units, and care homes. Recurring revenue streams include annual calibration services (£174.99+), annual servicing plans (from £170), and extended warranties.

CoolMed supplies several major UK pharmacy chains including LloydsPharmacy, TESCO Pharmacy, Boots Pharmacy, and Asda Pharmacy, alongside NHS trusts. The company has been recognized via the Startups 100 Index 2023 and shortlisted for multiple industry awards (Lab Awards 2023, Made in the North West Awards 2022 and 2023). Revenue is not publicly disclosed; the company is privately held with no external funding rounds recorded, operating solely within the United Kingdom market.

Name

CoolMed

Legal name

CoolMed Ltd

Website

https://coolmed.co.uk

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

CoolMed is a UK-based manufacturer and direct seller of medical refrigerators, freezers, ultra-low temperature freezers, and vaccine carriers, serving pharmacies, NHS trusts, hospitals, laboratories, and clinics across the United Kingdom since 2018.

Ownership category

akta.pro rank

Product category

Medical Refrigeration Equipment

NAICS

Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341), Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (3334)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Refrigeration & Service Industry Machinery (3580)

akta.pro primary industry

Cold Chain & Temperature-Controlled Storage Equipment (IMAHAKAJ)

akta.pro secondary industries

Vaccine Cold Chain, Storage & Distribution (HLAIAEAK), Cold Chain & Temperature-Controlled Packaging (Insulated Shippers, Gel Packs) (IMALAIAG)

Keywords

• Medical refrigerators
• Pharmaceutical cold storage
• Ultra-low temperature freezers
• Vaccine storage solutions
• Medical refrigeration equipment

Headquarters

HQ city

Salford

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Medical Refrigerator Sales: Primary revenue stream from selling medical refrigerators and freezers in various sizes (small, medium, large) and configurations (solid door, glass door). Products range from £499.99 to £6,999.99 ex VAT.
2. Portable Vaccine Carrier Sales: Sales of portable vaccine carriers for cold chain transportation of vaccines and medicines.
3. Calibration Services: Annual calibration services performed by fully trained EBME engineers, priced from £174.99 per unit. Includes 6-point temperature mapping calibration and UKAS traceable certificates.
4. Annual Servicing: Comprehensive annual service plans starting at £170, including 12-point servicing checklist, component testing, and service sheet issuance.
5. Extended Warranties: Extended warranty options providing additional coverage beyond standard warranties for additional cost (£99 for 2 years, £281.99 for 8 years, £445.99 for 10 years).
6. Accessories: Sales of accessories including data loggers (£139.99), fridge seals, key sets, power leads, and monitoring kits.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

CoolMed manufactures and supplies medical-grade refrigeration equipment for the UK healthcare market, including medical refrigerators (30L–500L capacities), ultra-low temperature freezers (-86°C), portable vaccine carriers, and RTS/CRT ambient storage cabinets. The company offers a comprehensive product range designed to maintain precise temperature control for temperature-sensitive medications, vaccines, biological samples, and pharmaceuticals, complemented by EBME-engineer calibration, annual servicing, and extended warranties.

Product overview

CoolMed is a medical refrigeration company offering a comprehensive portfolio of specialized cooling solutions for healthcare environments. The core product line includes medical refrigerators in small (30L-62L), medium, and large capacities with solid or glass door options, pharmacy fridges (29L-500L), laboratory fridges and freezers, ward fridges, neonatal breast milk refrigerators, RTS/CRT ambient storage cabinets, and staff room units. The company also provides ultra-low temperature freezers achieving -86°C for critical sample storage. Supporting the hardware portfolio are accessories including advanced data loggers, vaccine monitoring kits, calibration services, annual maintenance plans, and extended warranty options. Products feature iCool temperature probes, digital monitoring systems, alarm capabilities, and use eco-friendly R600a refrigerant.

Differentiator

Problem solved

Functional benefit

Products and services

• Medical Refrigerators Refrigerators maintaining precise temperatures between +2°C and +8°C for storing temperature-sensitive medications, vaccines, and pharmaceuticals across healthcare settings. Available in small, medium, and large capacities with solid or glass door options.
• Pharmacy Fridges Purpose-built pharmacy refrigerators for modern dispensaries, ranging from small countertop models (29L) to large double-door units (up to 500L), designed for GPhC pharmacy compliance.
• Ward Fridges Medical refrigerators for hospital wards equipped with two key locks and temperature monitoring systems for secure storage of medications and controlled drugs.
• Laboratory Fridges & Freezers Specialized refrigeration units for storing specimens, live cultures, and laboratory preparations, with temperatures between +4°C and +8°C for refrigerators and -30°C to -80°C for freezers.
• Neonatal Breast Milk Refrigerators Specialized refrigerators designed for secure storage of expressed breast milk in neonatal care units, maintaining temperatures between +2°C and +4°C (precisely set at +3°C).
• RTS & CRT Ambient Storage Cabinets Temperature-controlled cabinets for storing medicines at room temperature between +15°C and +25°C, featuring iCool built-in temperature probe and external digital controller. Used for care homes and pharmacy ambient dispensing.
• Staff Room Fridges & Freezers Countertop and under-counter refrigerators and freezers for employee communal areas in healthcare facilities, ranging from 47L to 91L capacity.
• Ultra Low Temperature (ULT) Freezers Precision cold storage freezers achieving -86°C temperatures using patented autocascade refrigeration technology, designed for storing biological samples, vaccines, and research materials. Available in 80L and 208L capacities.
• Portable Vaccine Carrier (CMPVC12) Lightweight portable vaccine and medicine carrier with temperature range +2°C to +8°C, featuring Peltier thermoelectric cooling, digital temperature display, and both mains and in-car power cables. UKCA certified.
• Calibration Service Annual calibration and certification service for medical fridges and freezers, performed by fully trained EBME engineers with traceable calibration certificates. Includes 6-point temperature mapping calibration and UKAS traceable certificates.
• Annual Service & Calibration Plan Comprehensive annual servicing including 12-point checklist, component testing, and maintenance advice with service sheet documentation for medical refrigerators and freezers.
• Extended Warranty Options Extended warranty coverage options allowing extension of standard 5-year parts and labour warranty by additional years. Available as 2-year, 8-year, or 10-year coverage extensions.
• Advanced Data Logger (CMDL01/CMDL02) Temperature monitoring device for continuous data logging of fridge/freezer temperatures with min/max recording and display capabilities, sold separately as a complement to the refrigeration product line.
• EL-WiFi-VAC Vaccine Monitoring Kit Wireless vaccine monitoring kit for real-time temperature monitoring and alerts of medical refrigerators, providing remote compliance tracking.

Quantifiable outcome

• 5-year parts and labour warranty included as standard on medical fridges, extendable to 10 years
• +3 more outcomes

Named customers5 records

Segments9 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered minor and core.

• Farming Equipment and Technology Fund (FETF)minorOthers · 1 January 2022CoolMed's CMS59 medical fridge is FETF-approved, allowing UK farmers and veterinary practices to claim up to 50% funding on essential farm and vet equipment through the government scheme.
• The Pharmacy ShowcoreGTM or Marketing Partner · 1 January 2018CoolMed has been exhibiting at The Pharmacy Show since 2018, using this major pharmacy industry event for customer acquisition and brand visibility. The Pharmacy Show is the largest sourcing and networking event for pharmacy professionals in the UK.
• Two-Man Delivery Service PartnerminorChannel Partner/ Reseller/ DistributorCoolMed offers a 2-man 48-hour delivery service on a pallet through a strong partnership to reduce damages and provide room of choice delivery for large equipment.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Dometic: Global manufacturer of refrigeration solutions including portable medical and pharmaceutical cooling products — adjacent product overlap with CoolMed's portable vaccine carrier line.
• Haier Biomedical: Major Chinese manufacturer of biomedical cold storage including ULT freezers and pharmacy refrigerators — broader portfolio and global scale; competes directly in ULT and pharmacy segments.
• Thermo Fisher Scientific: Global life sciences equipment giant offering ULT freezers and laboratory cold storage as part of a much broader portfolio — overlaps with CoolMed's ULT and laboratory fridge ranges.
• Eppendorf: German life sciences equipment manufacturer with laboratory freezers and ULT cold storage in its portfolio — adjacent competitor for CoolMed's laboratory fridge/freezer segment.

Direct peers

• Vestfrost Solutions: Danish manufacturer of medical, laboratory, and pharmaceutical refrigeration — directly comparable in product range and serves European healthcare and life sciences customers.
• B Medical Systems: Luxembourg-based manufacturer specializing in vaccine cold chain and medical refrigeration — direct peer in the same product category, particularly for vaccine and blood storage.
• Helmer Scientific: US-based manufacturer of medical-grade refrigeration for blood banks, pharmacies, and laboratories — directly competes with CoolMed's ULT freezer and pharmacy fridge ranges globally.
• Philipp Kirsch: German manufacturer of medical and laboratory refrigerators and freezers — directly comparable product range for pharmacy, hospital, and laboratory cold storage.
• Lec Medical: UK manufacturer of medical-grade pharmacy and laboratory refrigeration (part of Glen Dimplex) — same NHS and pharmacy customer base, overlapping product portfolio.
• Labcold: UK-based specialist manufacturer of medical and laboratory refrigerators and freezers — directly comparable product line, target customers (NHS, pharmacies, laboratories), and geographic market.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/coolmed_ltd
• LinkedInlinkedin.com/company/coolmedltd

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CoolMed