Kenkoh Europe Ltd.

Kenkoh Europe Ltd from Glasgow UK is a small holding company with an active status, established fourteen years ago in 2011. The company employs just two people and operates from a real address in East Kilbride, registered at G74 4QL. It’s led by two directors and has one owner, and runs an e-commerce site with a stellar 5.0 Google rating based on one review. The company is an irregular importer, primarily dealing in footwear and related items, with just two months of imports recorded, the last being May 2023.

The company’s website, Revs Reflexology Shoes, specializes in reflexology footwear, emphasizing science, design, and comfort. The site showcases a wide range of sandals, slippers, and accessories, all featuring a unique reflexology massage footbed. Customer reviews are prominently displayed, highlighting the shoes’ comfort and therapeutic benefits. The website also details the company's commitment to health, design, and quality, with sections dedicated to the science behind reflexology and the company’s manufacturing process.

Financially, Kenkoh Europe Ltd presents a mixed picture. Accumulated amortisation for intangible assets grew by 14%, while depreciation for property and equipment increased by 37%. Bank borrowings surged by 33%, reaching £77,000, and creditors ballooned by 30% to £540,000. However, cash reserves also grew by 33% to £94,000. A significant downturn is noted in trade debtors, which fell by a staggering 88%, and intangible assets, which decreased by 34%. Equity took a major hit, plummeting 700% to -£130,000, a concerning trend. The company meets the criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit, relying on unaudited financial statements.

The sharp decline in equity and the increase in creditors suggest the company might be facing financial pressure, although the growth in cash reserves offers some reassurance. The company’s focus on a niche market—reflexology footwear—and its strong online presence could help it navigate these challenges, but the long-term sustainability of the business will depend on its ability to manage its debts and maintain its customer base.

Registered in Scotland under the registration number SC396145, with a registered address at G74 4QL, Glasgow, 19 Law Place, Nerston Industrial Estate, East Kilbride.

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