K & E Whitson Ltd

K & E Whitson Ltd, based in Newcastle, UK, is a small, family-run business with an active status, founded eight years ago. Employing six people, the company holds £1,069,919 in assets and operates from a real address. With two directors and two owners, it’s a tight-knit operation boasting a stellar 5.0 Google rating from six reviews. They regularly import clothing and accessories made by knitting or crocheting, with four months of import activity recorded.

The company’s website reveals a broader scope than initially apparent. While the core business involves supplying agricultural parts, tractor parts, and consumables, it’s clear they’re a long-established business, dating back to 1975. The website highlights a range of products, from bale forks and forestry equipment to log splitters and workshop tools, catering to farmers and landowners across Cumbria and beyond. They even offer Rumenco feed blocks and licks for livestock. The site also features a section dedicated to fertiliser, supplied primarily by Yara UK Ltd. A personal service, competitive pricing, and a focus on customer care are emphasized.

Financially, K & E Whitson Ltd shows a mixed picture. Cash reserves increased significantly by 55% to £800,000, a positive sign of financial stability. However, creditors jumped by a substantial 86% to £370,000, and net assets also increased by 31% to £770,000. Bank borrowings decreased by 42% to £11,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in creditors warrants monitoring. The company is exempt from an audit, so the figures are unaudited.

The company's growth in assets and cash reserves suggests a healthy business, but the rising debt levels should be kept an eye on. It’s clear that K & E Whitson Ltd is a well-established, family-run business with a strong local presence, but like any small business, it faces ongoing challenges.

Registered in Northern Ireland under the registration number NI640079, with a registered address at BT33 0LA, United Kingdom, Newcastle, Co Down, 61 Ballagh Road.

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