Kato Enterprises Limited

Kato Enterprises Ltd from Croydon UK: a small, active company founded 28 years ago, employs 10 people, and holds £4,420,208 in assets. With six directors and a single owner, the business operates from a real address and has a long history of importing and exporting drinks, alcohol, and vinegar—218 months of imports and 47 months of exports.

The company’s website, Kato Enterprises, focuses on importing African beers and non-alcoholic malt drinks, offering brands like Orijin, Guinness, and Tusker. It emphasizes a global team, passion for its brands, and integrity in its operations. The site also highlights a service for importing African and Caribbean products into Europe, suggesting a broader scope than just retail. It’s clear they’re aiming to connect consumers with the taste of home.

Financially, Kato Enterprises Ltd shows a mixed picture. While cash reserves increased by 17% to £1.1 million, current assets declined by 4.5% to £4.4 million. Bank borrowings surged by 82%, reaching £340,000, and creditors decreased by 25% to £790,000. The company’s size—meeting two of three criteria for a small company—allows for flexibility, but the increase in borrowings and decrease in assets is something to watch. Debtor’s increased by 17% to £1.5 million, which could be a good sign, but it’s important to see if they are collecting payments promptly. There’s no auditor mentioned, so the figures are unaudited.

Overall, Kato Enterprises Ltd appears to be a stable, long-standing business, but the increase in borrowing and slight dip in assets suggests it’s navigating some financial pressures. It’s a good sign that they’re maintaining a strong cash position, but keeping an eye on those debts will be important for the future.

Registered in England/Wales under the registration number 03257116, with a registered address at CR0 3LN, Croydon, Surrey, Endurance House, 71 Sumner Road.

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