Kelvent Limited

Kelvent Limited, based in Glasgow, UK, is a small holding company with an active status, celebrating 17 years in operation. Employing 18 people, the company holds £1,563,231 in assets and operates from a real address at 3 Quay Road North, Rutherglen. Two directors and one owner steer the ship, and a stellar 5.0 Google rating from 12 reviews suggests happy customers. The company regularly imports iron or steel products, with 27 months of import activity recorded, the last in February 01, 2025.

Kelvent Limited is a manufacturer and distributor of ventilation products, trading for over 40 years. Its website highlights a one-stop shop for ventilation requirements, offering spiral ducting, pressed bends, grilles, louvres, and much more. The company also provides manufacturing services and operates a trade counter open to the public. A key strength lies in its manufacturing facilities, including a rectangular duct forming machine and a new fitting shaper.

Financially, Kelvent Limited shows some concerning trends. While current assets increased by 17% to £1,600,000, net assets also rose by 17% to £1,300,000. However, bank borrowings surged by 64% to £71,000, and cash reserves decreased by 21% to £620,000. Creditors increased by 63% to £770,000, and trade debtors increased by 44% to £490,000. 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 for flexibility, but the increase in debt and creditors suggests a need for careful financial management. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

The rise in debt could be linked to investments in manufacturing facilities, as highlighted on the website. Alternatively, it could indicate challenges in managing cash flow. The company's strong Google rating and focus on specialist air movement suggest a loyal customer base, but sustained financial health will depend on controlling costs and maintaining efficient operations.

Registered in Scotland under the registration number SC338550, with a registered address at G73 1LD, Scotland, Glasgow, 3 Quay Road North, Rutherglen.

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