Kam Property Group Ltd

Kam Property Group Ltd is a small, active company based in Reading, UK, founded five years ago in 2020. With just two employees and £14,597 in assets, it operates from a virtual address shared by over 300 other companies—a bit unusual. The company is run by three directors and two owners, and it’s described as a family business. They regularly import electrical machinery and equipment, with five months of import activity recorded.

The company’s website, Premier Property Club, focuses on property networking events. It’s not a traditional e-commerce site; instead, it’s a platform for connecting property investors, developers, and professionals. They host monthly events featuring industry experts and offer resources like a free book and video series. The website highlights opportunities for networking, education, and success within the UK property market. The events often feature panels and discussions on topics like auctions, property tax, and technology integration.

Financially, Kam Property Group Ltd shows a mixed picture. Cash bank on hand has fallen by 30% to £15,000, and current assets have also decreased by 30%. However, fixed assets have increased by a significant 31% to £560,000. Creditors have also risen, with non-financial instruments up 11% and current financial instruments increasing by a substantial 120%. Equity is down, with retained earnings and accumulated losses declining, although revaluation reserves have increased by 42%. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is common for small companies.

The rise in creditors and the decrease in cash reserves suggest the company might be burning through money, perhaps reinvesting in the Premier Property Club events. However, the growth in fixed assets indicates potential expansion or acquisition of property-related assets. The lack of employees—just two reported—points to a lean operation relying on external contractors or consultants. It’s difficult to say for sure, but the company appears to be actively growing its networking business, even if it’s putting a strain on its immediate finances.

Registered in England/Wales under the registration number 12391807, with a registered address at RG1 7SN, England, Reading, C/O Property Accounts Limited, 59 Castle Street.

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