Ka Tooling Ltd

Ka Tooling Ltd, based in Hinckley, UK, is a small, active family business established twenty years ago in 2004. With twelve employees and £295,054 in assets, the company operates from a virtual address, registered at a building shared by twenty-five other companies. A single director and two owners (Hill Anna and Hill Alex John) manage the business, which boasts a stellar 5.0 Google rating from four reviews. The company is an irregular importer, with its top category being machinery, boilers, and mechanical appliances; parts, with just one month of import activity recorded as of May 2022.

Ka Tooling Ltd’s website is not available, which makes it difficult to determine the specifics of their operations. However, the company operates in the machining and other business support service activities industries. They appear to be a small, specialized operation.

Financially, Ka Tooling Ltd presents a mixed picture. Current assets have increased by 21%, reaching £300,000, while net assets have risen by 35%, now at £1,000. Bank borrowings have decreased by 44%, now at £44,000, and cash reserves have increased by 55%, reaching £120,000. Creditors have increased by 40%, now at £300,000, and trade debtors have remained relatively stable. The company meets two of the three criteria for being a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The increase in creditors, however, suggests a possible need for better cash flow management. The company is exempt from an audit, so the figures are unaudited.

The company’s reliance on a virtual address, combined with the fluctuating financial trends, warrants careful monitoring. While the Google rating indicates strong customer satisfaction, the financial data suggests a need for improved financial planning to ensure long-term stability.

Registered in England/Wales under the registration number 05171406, with a registered address at LE10 1QU, Hinckley, Leicestershire, The Atkins Building, Lower Bond Street.

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