Kanghua Uk Limited

Kanghua Uk Limited is a small, active company based in Maidenhead, UK, founded six years ago in 2019. With a real registered address and just one employee, the company holds £174,627 in assets. It’s a solo-founded operation run by a single director and owner, Sims Eric Roy. The business primarily imports ships, boats, and floating structures, with regular import activity spanning six months, the latest recorded in August 2024. It also exports these items, though less frequently, with just one month of export activity as of May 2024. Kanghua Uk Limited operates within the retail sale of sports goods, fishing gear, camping goods, boats and bicycles industries.

The company’s website, Kanghua Rowing, showcases a range of rowing boats, from recreational models to high-performance coastal boats. It highlights the "New Generation Kanghua Boats" technology and offers rentals, specifications, and contact information. The site also features a European arm, Kanghua Rowing Sarl, with a French phone number and email address. It seems like a well-designed e-commerce site, with a focus on quality and innovation.

Financially, Kanghua Uk Limited’s numbers present a mixed picture. Cash reserves have significantly decreased, falling 76% to just £3,100. Bank borrowings have also reduced, dropping 23% to £15,000. Creditors remain stable at £120,000. However, debtors have plummeted 43%, indicating potential issues with collecting 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) keeps it nimble, but the decline in debtors and cash is concerning. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Kanghua Uk Limited appears to be navigating a challenging financial environment. While its website and product offerings suggest a focus on quality and innovation, the company needs to address its cash flow issues to ensure long-term sustainability.

Registered in England/Wales under the registration number 11884452, with a registered address at SL6 0PT, United Kingdom, Maidenhead, Unit 5 Off Lake End Road, Taplow.

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