K Gold Limited

K Gold Limited is a small, active company based in Wembley, UK, founded five years ago in 2020. With £4,679,589 in assets and a real address, it’s a solo-founded operation run by a single director and owner, Walia Komal Shikha. The business operates in the retail sale of watches and jewellery in specialised stores, and is a regular importer of electrical machinery and equipment, with three months of import activity recorded as of October 2024.

The company’s website, Golf Products Direct, focuses on selling golf equipment online. It boasts free UK postage, same-day dispatch for orders placed before noon, and a wide range of products from bags and trolleys to GPS technology and accessories. The site emphasizes budget-priced equipment and even features a section for rare and limited-edition putters—a niche market appealing to collectors. The website is very well written, and has a very professional feel to it.

Financially, K Gold Limited shows a mixed picture. Cash bank on hand fell by 15% to £120,000, while creditors surged 63% to £4.5 million. Current assets increased by 63% to £4.7 million, but trade debtors ballooned by an astonishing 2,100% to £1.4 million—a significant increase that could indicate delayed customer payments or expanded credit terms. Equity rose by 55% to £180,000, and profit and loss remained steady at £62,000. 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 dramatic increase in debtors raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, K Gold Limited appears to be growing, but the large increase in debtors suggests a potential cash flow challenge. The company’s focus on budget-priced golf equipment and its niche market for rare putters could help it weather any financial headwinds, but close monitoring of its receivables is essential.

Registered in England/Wales under the registration number 12395568, with a registered address at HA0 4AA, United Kingdom, Wembley, Middlesex, 15 Ealing Road.

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