Kent Commerce Ltd

Kent Commerce Ltd, based in Wrexham, UK, is a small, family-run business with an active status. Founded two years ago in December 2022, the company operates from a real address and is led by two directors and two owners. It’s a tight-knit operation, with a focus on retail sales via mail order and internet channels.

The company’s website, while not directly linked to the main site, reveals an association with East Kent Chambers of Commerce. This suggests a broader network and potential for business development. The Chamber offers networking events, business advice, and support for local businesses, indicating that Kent Commerce Ltd is actively engaged in the regional business community. It’s a good sign they’re looking to grow.

Financially, Kent Commerce Ltd presents a mixed picture. While the company is exempt from an audit, the available data shows some concerning trends. Cash bank on hand remains steady at £110, but advances to directors have shifted significantly, from -£5,400 to -£3,800. Liabilities have also increased, with accrued liabilities and creditors both holding steady at £460 and £4,200 respectively. Equity has decreased to -£4,100. It’s a bit concerning, but not necessarily a disaster. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the decline in equity suggests a need for careful financial management. The fact that the accounts are ‘filleted’ and unaudited, means they’re not as detailed as they could be.

Registered in England/Wales under the registration number 14526850, with a registered address at LL13 9YU, Wales, Wrexham, Yew Tree Farmhouse Wrexham Road, Holt.

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