Kaltec Ltd

Kaltec Ltd from Shrewsbury UK: a small, active company founded six years ago, operates from a real address and is led by a single director and owner, who is also the solo founder. It’s an irregular importer of machinery, boilers, and mechanical appliances, with parts imported for just one month in 2020. The company's activities include manufacture of tools and engineering design for industrial processes.

The company’s website, while minimal, suggests a focus on industrial solutions. There's no obvious e-commerce presence; instead, it appears to be a brochure-style site showcasing capabilities and services. It’s not clear if they have a physical showroom or if they operate solely through direct contact.

Financially, Kaltec Ltd presents a mixed picture. While the company is small (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its retained earnings and accumulated losses have seen a dramatic shift, dropping from -£330 to -£6400. Bank overdrafts decreased slightly, but cash on hand remained steady at £280. Creditors have also decreased, which is a positive sign, but overall, the company's net assets and liabilities have worsened considerably. The company’s tax social security payable has seen a significant decrease. The company's accounts are described as "filleted" and audited by an accountant, which is common for small companies.

The sharp decline in equity suggests Kaltec Ltd may be burning through cash, or facing increased expenses. It's possible that the irregular import activity, while sporadic, has incurred unexpected costs. The lack of employee data (zero reported) suggests a lean operation, but also limits the company’s capacity for growth. With no auditor mentioned, the financial figures rely on director-reported data.

Registered in England/Wales under the registration number 11792468, with a registered address at SY3 5EW, United Kingdom, Shrewsbury, 7 Greystone Court, Bicton Heath.

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