Kemet International Limited

Kemet International Limited, based in Maidstone, UK, is a long-standing holding company with a history stretching back 86 years. Employing 110 people, the company holds assets valued at £7,018,790 and operates from a real address, managed by seven directors. Notably, no owners are officially listed, suggesting a complex management structure. Boasting a stellar 5.0 Google rating from 15 reviews, Kemet International is a regular importer and exporter of machinery, boilers, and mechanical appliances, parts, with 467 months of import activity and 579 months of export activity recorded.

The company's website reveals a business deeply rooted in precision engineering and industrial solutions. Kemet International specializes in lapping machines, diamond compounds, ultrasonic cleaning machines, and offers a range of services including lapping services in the UK and Europe, research and development, and mirror finish polishing. They also provide technical training and after-sales support, catering to a diverse clientele. The website highlights their expertise in abrasive products, tool manufacturing, and engineering design, showcasing a broad spectrum of industrial capabilities.

Financially, Kemet International’s recent performance presents a mixed picture. Accumulated depreciation on property, plant, and equipment has increased, with Land Buildings up 8.1%, Plant Machinery up 3.5%, and total up 4.7%. Amounts owed by group undertakings have risen by 12%, while cash bank on hand has decreased by 5.9%. Despite these challenges, comprehensive income expense has grown by 13%, and dividends paid have fallen by 37%. The company’s net assets liabilities have increased by 4.6%, and total assets less current liabilities are up 4.7%. The company’s fixed assets have remained stable, while total inventories have increased by 3.2%. Trade creditors have decreased significantly, suggesting improved debt management, but trade debtors have also fallen. The company’s research and development expenditure is written off in the year it is incurred.

The lack of a publicly named auditor is not surprising, given the company's size and likely exemption from mandatory audits. Overall, Kemet International appears to be navigating a period of change, with both opportunities and challenges ahead. The company’s long history and established reputation, combined with its diverse range of services, position it well for continued success, but careful financial management will be crucial in the years to come.

Registered in England/Wales under the registration number 00344017, with a registered address at ME15 9NJ, Maidstone, Kent, Kemet International Limited, Parkwood Trading Estate.

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