Keencut Limited

Keencut Ltd from Corby, UK, is a holding company with an active status, established ten years ago in 2015. The company employs 22 people and holds assets valued at £1,213,580. It operates from a real address, overseen by two directors and one owner, and boasts a stellar 5.0 Google rating from four reviews. While an irregular importer of machinery parts for a brief period, Keencut is primarily a regular exporter of machinery and parts, with a long history of 144 months of export activity.

The company’s website showcases a diverse range of cutting machines, from the SteelTrak series to the Ultimat Futura, catering to industries like sign making, picture framing, and flexographic plate cutting. It appears to operate primarily as a manufacturer and supplier, with a strong emphasis on product quality and technical expertise. The website doesn's appear to be an e-commerce site, but rather a showcase for their products and a source of technical information.

Financially, Keencut Ltd presents a mixed picture. Current assets have decreased by 6.5% to £1,200,000, while net assets have fallen by 25% to £930,000. Bank borrowings have increased significantly, up 220% to £160,000, and cash reserves have also risen substantially. Trade debtors have increased by 21%, suggesting potential growth in sales, but also a need to manage customer payments. Creditors have decreased slightly, indicating improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the decrease in net assets warrants closer scrutiny. With no auditor mentioned, the financial statements are unaudited.

Overall, Keencut Ltd seems to be a well-established manufacturer with a strong reputation, but the financial data suggests it may be burning through cash, and it's important to monitor its performance closely.

Registered in England/Wales under the registration number 09508392, with a registered address at NN17 5ZA, United Kingdom, Corby, Northamptonshire, Baird Road, Willowbrook Industrial Estate.

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