Kenitos Eastbourne Ltd

Kenitos Eastbourne Ltd, based in Eastbourne, UK, is a small, active company founded four years ago. With two employees and £1,928 in assets, it’s a solo-founded operation managed by one director and owner. The company boasts a respectable 4.0 Google rating from 105 reviews. It’s an irregular importer of paper and paperboard products, with just two months of import activity recorded as of March 31, 2024.

The company operates in the other food services industries, and its website, Kenitos Piri Piri Burgers, focuses on takeaway service in London Rd. It encourages customers to order food online and enjoy delicious burgers delivered straight to their door. The website’s focus is clearly on local delivery and takeaway, indicating a small-scale operation.

Financially, Kenitos Eastbourne Ltd presents a mixed picture. Current assets have dropped significantly by 78%, down to £1,900, while net assets have plummeted 38% to -£32,000. Cash reserves have also taken a hit, decreasing 73% to just £1,600. Creditors have increased by 5.5% to £34,000, and trade debtors have also risen, suggesting potential cash flow challenges. The number of employees has doubled to four, which could be a sign of growth, but also increased overhead. The company meets two of three conditions for being a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. No auditor is mentioned, and the accounts are unaudited.

The company’s financial trajectory suggests it's burning through money, likely a consequence of startup costs and the challenges of running a food service business. While the website and Google reviews indicate a loyal customer base, the negative equity and declining cash reserves are concerning. It’s possible the company is relying on credit to stay afloat, and the increase in creditors supports this theory.

Registered in England/Wales under the registration number 12877568, with a registered address at BN21 3LP, England, Eastbourne, 34 Terminus Road.

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