Kelvin & Co Ltd

Kelvin & Co Ltd from Egham, UK, is a small, active company established thirteen years ago. With a single employee and £44,365 in assets, it operates from a real address and is managed by two directors and one owner, boasting a stellar 5.0 Google rating based on fourteen reviews. The company regularly imports furniture, lighting, and prefabricated buildings, with recent activity recorded just four months ago.

The company’s website is currently unavailable, making it difficult to determine the extent of its online presence. However, it appears to operate within the broader retail sector, specializing in the sale of new goods in specialized stores. It’s likely a brick-and-mortar operation, with no obvious e-commerce functionality.

Financially, Kelvin & Co Ltd presents a mixed picture. Current assets have significantly declined by 53%, dropping to £44,000, while net assets have also decreased, though less dramatically, to £600. Bank borrowings have seen a reduction, with overdrafts decreasing by 18%, but cash reserves have plummeted 57%, leaving only £37,000. Trade debtors are at zero, which could indicate efficient collection practices or a shift in sales strategy. Creditors have also decreased, suggesting improved debt management. The company’s small size—meeting two of three criteria for being considered small—allows for flexibility, but the sharp decline in cash reserves warrants attention. The lack of an auditor mentioned suggests it’s exempt due to its size, relying on unaudited financial statements.

The company’s significant depreciation impairment on plant and machinery, increasing from £17,000 to £21,000, could indicate aging equipment or increased maintenance costs. The fact that the company is not reporting any directors advance or credit repaid could be a sign of financial stability. Overall, Kelvin & Co Ltd appears to be navigating a period of financial pressure, though its strong Google rating suggests continued customer satisfaction.

Registered in England/Wales under the registration number 07978588, with a registered address at SL5 7RF, England, Ascot, Unit 5 Cheapside Court, Sunninghill Road.

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