Kerol Trading Limited

Kerol Trading Ltd from Newcastle UK: a small, active company founded 20 years ago, employs six people, and holds £231,224 in assets. It operates from a virtual address, managed by two directors and two owners. The company regularly imports miscellaneous metal items (34 months) and exports them (3 months).

Kerol Hardware, the company’s website, is a specialist supplier of glass fittings, offering a wide range of products for shower fittings, glass balustrades, and architectural hardware. It caters to both commercial and residential customers, with a focus on high-quality components and nationwide express delivery. The site showcases a diverse catalog, from shower door hinges and glass clamps to spider fittings and structural glass hardware. It also highlights a “Juliet balcony” system and offers components for glass cabinets and partitioning.

Financially, Kerol Trading Ltd presents a mixed picture. While current assets decreased by 35% to £230,000, creditors increased significantly by 100% to £66,000. Bank borrowings are up 2400%, and cash reserves fell 45% to £170,000. Trade debtors have also risen substantially, by 120%, suggesting potential issues with customer payments. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity—a 50% drop to £150,000—raises concerns. No auditor is mentioned, so the financial statements are unaudited.

The company's motor vehicles were disposed of completely, a significant change. Depreciation on computer equipment also decreased. It’s possible these changes reflect a strategic shift or cost-cutting measures. Overall, Kerol Trading Ltd appears to be navigating a challenging financial landscape, but its specialized product offering and established online presence may provide a foundation for future growth.

Registered in England/Wales under the registration number 05299241, with a registered address at ST5 9QF, Newcastle, Staffordshire, Lymedale Business Centre Hooters Hall Road, Lymedale Business Park.

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