Kapok (1988) Ltd

Kapok 1988 Ltd from Newark UK is a small, active company established 37 years ago in 1988. It employs 19 people and holds assets valued at £1,147,534. With five directors and a single owner, the company operates from a real address and is regularly importing iron or steel products (for six months) and exporting machinery, boilers, and mechanical appliances; parts (for twelve months).

The company's website showcases a focus on elevator protection, offering custom and readymade drapes, furniture protection, floor protection, handrails, and hygiene covers. It caters to a range of clients, including elevator manufacturers, installers, removals companies, facilities managers, and property developers. The site highlights the company's commitment to quality, durability, and fire safety, with a focus on protecting elevators from bumps and scrapes. They even offer bespoke solutions and international distribution.

Financially, Kapok 1988 Ltd shows a mixed picture. Current assets increased by 16% to £1,100,000, while net assets increased by 4.3% to £1,400,000. Bank borrowings decreased by 7.4% to £420,000, and cash reserves increased by 29% to £670,000. Trade debtors increased by 36% to £330,000, while creditors decreased by 9.8% to £430,000. 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 it to remain flexible. The increase in debtors could indicate a period of growth, but it's something to monitor. With no auditor mentioned, the figures are unaudited.

Overall, Kapok 1988 Ltd appears to be a stable, well-established business with a niche focus on elevator protection. The company’s long history and commitment to quality suggest a strong foundation for continued success, although careful management of debtors will be important going forward.

Registered in England/Wales under the registration number 02209703, with a registered address at NG23 5JR, England, Newark, Newton House Long Bennington Business Park, Long Bennington.

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