K2 Solar Mounting Solutions Limited

K2 Solar Mounting Solutions Ltd from Reading UK: a medium-sized company operating as a holding company with an active status, was founded thirteen years ago in 2011. It employs seventeen people and holds assets valued at £8,414,235, generating a yearly revenue of £13,347,520. The company has a real address and is overseen by three directors and two owners. It regularly imports and exports iron or steel products, with 314 months of import activity and 112 months of export activity recorded.

The company’s website suggests a focus on solar energy equipment supply within England. K2 Solar Mounting Solutions Limited is registered as a private limited company and appears to be a family-run business. The company’s website highlights a commitment to quality and customer service.

Financially, K2 Solar Mounting Solutions Ltd has seen some changes. Cash bank on hand increased by 28% to £5,500,000, which is a positive sign. However, turnover decreased by 27% to £13,000,000, and net assets decreased by 50% to £7,800,000. Bank borrowings increased by 100% to £18,000, and administrative expenses increased by 8.2% to £910,000. The company’s size—meeting two of three criteria for a medium company—allows for agility, but the decline in equity warrants attention. The company’s auditor is C B Heslop & Company Limited.

The company’s financial results suggest a period of adjustment. While the increase in cash reserves is encouraging, the decline in turnover and equity may indicate challenges in the solar energy market. It’s likely that the company is adapting to changing market conditions, and the management team is working to improve profitability.

Registered in England/Wales under the registration number 07688136, with a registered address at RG7 2PQ, Reading, Berkshire, Unit 46 Easter Park Benyon Road, Silchester.

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