EK Cooling Solutions is currently experiencing significant financial difficulties. Reports indicate that the company has been unable to pay employees, suppliers, and contractors for several months due to liquidity issues and an accumulation of unsold inventory. An investigation by GN, citing former and current staff, revealed unpaid bills and wages extending up to four months, and in some cases, almost a year for accumulated raises. The financial strain at EK Cooling has been attributed to a surplus of products, with an assortment of 230 different water blocks, 40 cooling kits, 85 reservoirs, 40 pumps, 73 radiators, and 212 miscellaneous accessories in stock. This excess has led to substantial unsold inventory, valued in the millions of dollars, exacerbating the company’s cash flow problems.
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