Kenray Limited

Kenray Ltd from Hove UK: a small holding company with an active status, has been operating for 41 years. Employing 14 people and holding assets of £397,687, the company boasts a perfect 5.0 Google rating based on three reviews. It’s a real address, managed by two directors and one owner. Kenray’s primary activity is importing clothing and accessories—though irregularly, with just one month of imports recorded as of March 2019.

The company’s website showcases a specialized business: providing forming sets and related services to the packaging industry. Kenray has decades of experience, designing, manufacturing, and supplying these sets for Vertical, Form, Fill and Seal (VFFS) machines. Beyond sets, they offer solutions for horizontal folding boxes, tube closers, spares, refurbishment options, sealing jaws, and accessories. They also provide consultancy, line assessments, and training. The website highlights partnerships with major corporations like Pepsico Worldwide and Nestle Intersnack.

Financially, Kenray Ltd presents a mixed picture. Accumulated depreciation increased, particularly in plant machinery, suggesting investment in equipment. Bank borrowings rose significantly, while cash reserves decreased sharply. Creditors also increased, though trade debtors saw an uptick. Equity took a big hit, dropping substantially. Despite this, the company’s small size—meeting two of three criteria for a small company—allows for flexibility. The unaudited financial statements, without a named auditor, rely on director-reported data.

The increase in bank borrowings and decrease in cash, combined with the drop in equity, suggest Kenray might be experiencing some financial pressure, possibly due to investments in equipment or increased operating costs. However, the continued demand for its specialized services, as evidenced by its client list and website, indicates a strong core business.

Registered in England/Wales under the registration number 01817725, with a registered address at BN3 7DX, England, Hove, Unit 8 & 9 270 - 272 Old Shoreham Road.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.