Kernow Model Rail Centre Limited

Kernow Model Rail Centre Ltd from Cornwall UK: a small, family business active for 22 years, employs 25 people, and holds £2,591,702 in assets. Based at a real address, it's run by two directors and two owners, and enjoys a stellar 5.0 Google rating from 189 reviews. The company regularly imports toys, games, and sports equipment – the latest import was six months ago. It operates an e-commerce site and specialises in model railways.

The company’s website, Kernow Model Rail Centre, is a comprehensive resource for model railway enthusiasts. It offers a vast selection of products, from OO gauge accessories to diesel locomotives, and even offers kits for building your own scenery. The site is well-organized, with clear categories and detailed product descriptions. It also features a blog with articles on model railway techniques and news.

Financially, Kernow Model Rail Centre Ltd shows a mixed picture. Current assets decreased by 10%, dropping to £2,600,000, while net assets increased by 7.6%, reaching £970,000. Bank borrowings increased by a significant amount, reaching £3,700, and cash reserves fell by 79%, leaving just £7,600. Creditors decreased by 18%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible, but the sharp drop in cash reserves raises concerns. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

Overall, Kernow Model Rail Centre Ltd appears to be a well-run business with a loyal customer base. The decrease in cash reserves is a concern, but the company’s strong online presence and diverse product range should help it weather the storm. It’s a good sign that creditors have decreased, suggesting better financial control.

Registered in England/Wales under the registration number 04497321, with a registered address at TR14 8AN, Cornwall, 98a Trelowarren Street, Camborne.

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