K&k Traders Limited
- Small
- Active
- 5 years
- 1 employee
- £186,633 (assets)
- Real address
- 1 director
- 1 owner
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
K&k Traders Limited, based in London, UK, is a small, active company founded five years ago. With a single employee and £186,633 in assets, it operates from a real address and is led by one director and owner. The company's activities span non-specialised wholesale trade, mobile telephone retail, and online sales, catering to a diverse range of customers.
The business’s website, while not fully developed, suggests a focus on retail and potentially wholesale operations. It’s unclear if the business has a fully functional e-commerce presence, but the breadth of industries it operates in – wholesale, mobile sales, and online retail – indicates a multi-faceted approach to reaching customers.
Financially, K&k Traders Limited shows some interesting trends. While net assets remained relatively stable at -£47,000, current assets experienced a significant jump, increasing by 510% to £190,000. This suggests improved liquidity, but also a potential need to manage increased inventory. Bank borrowings decreased slightly, falling by 16% to £19,000, and cash reserves grew by 110% to £5,600. Trade debtors also increased substantially, rising by 390% to £64,000, which could indicate a reliance on credit sales or delayed customer payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in debtors needs careful monitoring. As a small company, it’s likely exempt from an audit, meaning the figures are unaudited.
Overall, K&k Traders Limited appears to be navigating a period of growth, with improved liquidity and a rising asset base. However, the increase in debtors and negative equity should be watched closely to ensure the business maintains a healthy financial position.
Registered in England/Wales under the registration number 12083191, with a registered address at TW3 3QP, England, London, 132 Cromwell Road Hounslow.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Hussain Farid
- 5 years
- psc
-
Resident of United Kingdom
Managers
-
Individual
- Hussain Farid
- 5 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
-
Confirmation statement made on 2024-11-17 with updatesDownload 4 pages pdf report
-
Confirmation statement made on 2023-11-17 with updatesDownload 4 pages pdf report
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Total exemption full accounts made up to 2023-07-31Download 8 pages pdf report
FAQ about K&k Traders Limited
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