Kewell Converters Limited

Kewell Converters Ltd from Edenbridge, UK, is a small, holding company with an active status, established 53 years ago. Employing 32 people and holding assets of £1,220,939, it operates from a real address and is managed by two directors and one owner. The company regularly imports machinery, boilers, and mechanical appliances (parts for 8 months), and exports plastics and plastic products (for 12 months).

The company’s website, Kewell Converters, focuses on foam engineering for a wide range of industries. It’s not an e-commerce site in the traditional sense; instead, it showcases its capabilities in custom foam fabrication and conversion, catering to sectors like aerospace, defence, medical, and automotive. They offer a diverse range of foam types, including acoustic, antistatic, and fire-rated options, and provide services like design, CNC machining, and water jet cutting. The site highlights their expertise in bespoke solutions, quality assurance, and sustainability, emphasizing their long-standing experience and partnerships with companies like Zotefoams.

Financially, Kewell Converters Ltd shows a mixed picture. Property, plant, and equipment increased by 5%, while cash bank on hand decreased by 30% to £120,000. Bank borrowings decreased by 4% to £2,600,000, and creditors increased by 38% to £1,000,000. The company’s net assets increased slightly by 0.79% to £6,300,000. The number of employees increased by 16% to 37, which could be a sign of expansion or increased workload. The company meets the criteria for being a small company, with turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests it’s exempt as a small company, relying on unaudited statements.

The increase in creditors and decrease in cash reserves might indicate a need to manage working capital more effectively, but the overall financial position appears stable. The company’s focus on custom manufacturing and its long history suggest a resilient business model, although the increase in employees might put a strain on resources.

Registered in England/Wales under the registration number 01028194, with a registered address at TN8 6HL, United Kingdom, Edenbridge, Kent, Kcl House, Station Road.

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