Karonia Limited

Karonia Limited is a small, active company based in Goole, UK, established nineteen years ago in 2005. With thirteen employees and £1,296,034 in assets, it operates from a real address and is overseen by two directors and a single owner. The company is a regular importer, specializing in iron or steel products, with nineteen months of import activity recorded, the latest in February 2025.

The company's website, Karonia Store, functions as an e-commerce platform, offering a range of tooling, accessories, cutting tools, and finishing products. Categories include tooling, accessories, mistral worktops, and orello sinks, indicating a focus on supplying tools and materials for various industrial and construction applications. The site includes a shopping cart, checkout process, and customer service options, suggesting a direct-to-consumer model.

Financially, Karonia Limited’s recent performance presents a mixed picture. While cash reserves decreased by 5.2% to £340,000, bank borrowings increased by 22% to £360,000, and trade debtors increased by 26% to £410,000. Creditors, however, decreased by 13%, suggesting improved debt management. The company’s net assets remained stable at £1,700,000. The company's small size—meeting two of three criteria for a small company—helps it remain flexible, but the increase in bank borrowings warrants closer attention. As a small company, Karonia Limited is exempt from an audit, and the financial data is unaudited. The company’s reliance on imports, coupled with the fluctuating value of the pound, could be impacting its financial stability.

Registered in England/Wales under the registration number 05610652, with a registered address at DN14 0PN, Goole, North Humberside, Ansym Lodge Water Lane, Eggborough.

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