Ian A Kernohan (ni) Limited

Ian A Kernohan (ni) Limited, based in Conlig, Northern Ireland, is a medium-sized company with a solid 39-year history. Currently employing 34 people, the business holds assets valued at £5,384,681 and generates an annual revenue of £10,815,031. It’s an active status, with four directors and one owner, and enjoys a perfect 5.0 Google rating based on five reviews. The company operates in the wholesale of radio, television goods & electrical household appliances. It’s an irregular importer of electrical machinery and equipment, with the last import operation made on June 01, 2024.

The company’s website details a focus on wholesale distribution, with a particular emphasis on serving retailers and installers. It’s a well-established player in the industry, with a long track record of supplying electrical goods. The business is owned by Stanex Jnr Victor Alexander, and the directors are Reaney David Michael, Stanex Jocelyn, Stanex Jnr) Victor Alexander, and Stanex Junior) Victor Alexander.

Financially, Ian A Kernohan (ni) Limited shows a mixed picture. Accrued liabilities decreased significantly, dropping 42% within a year, which is a positive sign. However, accumulated amortisation for computer software increased by 110%, and depreciation on motor vehicles fell by 2.4%. The most concerning trend is the decrease in cash and cash equivalents, down 7.1% to £1,700,000. Revenue also declined by 7.7% to £9,100,000. Bank borrowings increased, and trade debtors remained stable. Despite these challenges, the company’s size—meeting two of three conditions for a medium company—allows for flexibility. The accounts are unaudited, and no auditor is mentioned.

Overall, Ian A Kernohan (ni) Limited appears to be navigating a period of change. While the company maintains a strong reputation and a loyal customer base, the recent financial trends suggest a need for careful management and a focus on improving cash flow.

Registered in Northern Ireland under the registration number NI019120, with a registered address at BT23 7SU, Conlig, Co Down, "Fir Trees", Greenway Industrial Estate.

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