Kenross Containers Limited

Kenross Containers Ltd from Rossendale UK: a small, family-run holding company with an active status, was founded 34 years ago in 1990. The company employs 47 people and holds £1,055,412 in assets. With four directors and three owners, it's a tight-knit operation, and boasts a perfect 5.0 Google rating based on one review. Kenross Containers is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances parts, with the latest import activity recorded just two months ago.

The company operates in the manufacture of other paper and paperboard containers industries, and owns a company called Gagegrove Limited. It was previously known as Gagegrove Limited. The registered address is real, with only one other company registered at the same location.

Financially, Kenross Containers Ltd shows some interesting trends. Current assets decreased by 13%, falling to £1,100,000, while net assets remained steady at £2,000,000. Bank borrowings increased significantly, surging 330% to £770,000, and cash reserves declined 48% to £690. Creditors also increased, rising 56% to £2,000,000. The company meets two of three conditions to be classified as small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 100 employees. Depreciation charges on plant machinery remained consistent.

The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited. Overall, Kenross Containers Ltd seems to be navigating a period of change, with increased borrowing and a decline in cash reserves. It’s a family business, and the company’s success likely hinges on its ability to maintain its niche in the paper and paperboard container market.

Registered in England/Wales under the registration number 02539994, with a registered address at BB4 8QW, Rossendale, Lancs, Kippax Mill, Crawshawbooth.

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