Kendell Contracts Ltd

Kendell Contracts Ltd, based in London, UK, is a small, active company founded twelve years ago. With two employees and £266,237 in assets, it operates from a virtual address, managed by one director and owner. The company is an irregular importer, primarily dealing in iron or steel products, with just one month of import activity recorded in December 2024.

The company's website, though not detailed, indicates a focus on construction projects, including domestic and commercial buildings. It seems to be a B2B operation rather than an e-commerce site, with no direct sales to consumers apparent.

Financially, Kendell Contracts Ltd presents a mixed picture. While bank borrowings decreased significantly by 96%, a substantial increase of 270% in advances to directors raises questions. Cash reserves, however, grew by 14% to £130,000, and net assets increased by 67% to £260,000—a positive sign. Creditors also decreased, suggesting improved debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, consistent with its status as a small, exempt company.

The company's increased advances to directors, while potentially reflecting investment or operational needs, warrant further scrutiny. The growth in net assets and cash reserves, however, suggests a degree of financial stability. The irregular import pattern, while potentially driven by market conditions, could also indicate a more specialized or project-based business model. It's likely that the company is facing some challenges, but it appears to be navigating them with a degree of resilience.

Registered in England/Wales under the registration number 08492090, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.

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