Ak Kin Ltd

Ak Kin Ltd from Hambrook UK: a small, active company founded five years ago, employs two people, and holds £128,489 in assets. It’s a family business with a real address, overseen by two directors and two owners, and operates an e-commerce site with a stellar 5.0 Google rating based on five reviews.

The company's website, Ak Kin Garden Supplies, is a one-stop shop for gardening needs, selling everything from compost and soil to decorative stones and solar lights. It caters to both individual gardeners and landscaping professionals, offering wholesale options and even delivering to Guernsey. The site highlights a wide range of brands and emphasizes convenient online ordering and next-day delivery. They even have a section for "Barks and Mulch" which is quite nice.

Financially, Ak Kin Ltd’s numbers paint a mixed picture. While its turnover isn’t explicitly stated, it meets the criteria for a small company—with assets under £5.1 million and fewer than 50 employees. However, cash reserves have plummeted a staggering 100%, leaving only £240 in the bank. Creditors have also increased, with amounts due within a year rising by 21%. On the positive side, trade debtors have increased by 28%, suggesting a possible improvement in collecting payments. Equity has taken a big hit, dropping by 15,000%, which is a significant decline. The company's unaudited accounts, exempt due to its small size, rely on director-reported data.

The decrease in cash and the large loss in equity are concerning, but the increase in debtors could indicate growing sales. It’s possible the company is investing in inventory or expanding its operations—but it’s also possible it’s struggling to manage its finances. The lack of an auditor mentioned is not unusual for a small company, but it does mean the figures haven't been independently verified.

Registered in England/Wales under the registration number 12268961, with a registered address at PO18 8RQ, United Kingdom, Hambrook, Chidham, Unit 3 East Chichester Grain, Priors Leaze Lane.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.