Kerbed Alloys Limited

Kerbed Alloys Ltd from Hitchin UK: small company, active status, founded 8 years ago, 4 employees, £10,209 assets, virtual address, 1 director, 1 owner, solo founder. Irregular importer of none (1 months imported). It’s a small, family-run business with an active status, operating from a virtual address. Founded eight years ago by a solo founder, the company employs just four people and holds a modest £10,209 in assets. It’s a small operation, meeting two of the three conditions to be considered small: turnover under £10.2 million and a balance sheet total under £5.1 million.

The company’s website reveals it specializes in mobile alloy wheel refurbishment and repairs, offering services like diamond cut repairs and polishing. It operates a mobile service, coming to customers’ locations—saving them time and money. The website lists numerous locations across Hertfordshire and surrounding areas, suggesting a wide service area. It’s a family-run business, establishing an impressive reputation among private and corporate clients.

Financially, Kerbed Alloys Ltd presents a mixed picture. Current assets have plummeted by 90%, dropping to just £10,000, and net assets have fallen dramatically to a negative £17. Bank borrowings are completely gone, which is good, but cash reserves have also decreased by 72%, leaving just £1,400. Creditors have also decreased, which is a positive sign. The company's small size and solo ownership likely contribute to its agility, but the sharp decline in equity raises concerns. With no auditor mentioned, the figures are unaudited.

It seems the company is struggling a little, and it’s not clear what the future holds. The mobile service is a good idea, but the company needs to find a way to improve its financial performance.

Registered in England/Wales under the registration number 10465102, with a registered address at SG4 0TY, England, Hitchin, Herts, 71 Knowl Piece Wilbury Way.

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