K2 Automation Ltd.

K2 Automation Ltd from Stafford UK: a small, active company founded four years ago, employs six people, and holds £257,145 in assets. With three directors and three owners, it operates from a real address and regularly imports and exports electrical machinery and equipment – 212 months of imports and 195 months of exports recorded. The company is registered as Orbit Automation Ltd previously.

K2 Automation Ltd appears to be an agent specializing in the sale of other particular products. Its website is currently unavailable, so it’s difficult to determine if it operates an e-commerce site or primarily functions through direct sales or partnerships.

The company’s financial picture presents a mixed bag. While its fixed assets increased by a substantial 120%, its cash bank on hand dropped by a significant 61%, falling to £74,000. Creditors have decreased, which is a positive sign, but net assets have plummeted by 140%, ending at a negative £82,000. Employee numbers have increased dramatically, rising 170% to 16, which could be a sign of growth, but it also raises questions about whether the company can sustain this expansion. It’s a small company, meeting two of three criteria for size: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are abridged and unaudited, meaning they haven’t been independently verified.

The company’s retained earnings and accumulated losses are also a concern, and it’s important to note that the list of owners is not exhaustive. The increase in fixed assets, however, suggests investment in equipment or infrastructure, which could be a long-term benefit. It's a bit worrying that the company has taken exemption from publishing its own profit and loss account.

Registered in England/Wales under the registration number 12818062, with a registered address at ST16 3EL, England, Stafford, Schott House, Drummond Road.

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