Kilo Limited

Kilo Ltd from Kingswinford UK: a large company with an active status, founded 21 years ago, employs 38 people, and holds £10,993,406 in assets. It has a real address, two directors, one owner, and a Google rating of 4.0 based on 20 reviews. The company regularly imports and exports organic chemicals – 464 months of imports and 37 months of exports, respectively.

Kilo Limited operates as a wholesale distributor of chemical products, primarily serving the food industry. While its core business is chemical trading and distribution, the company also has a website that suggests involvement in other sectors. The company's website is not currently active, making it difficult to determine the full extent of its operations.

Financially, Kilo Ltd presents a mixed picture. Current assets have increased by a substantial 23%, reaching £11 million, which is a positive sign. However, net assets have also risen significantly by 49%, reaching £9.7 million. Bank borrowings have decreased by 37%, and cash reserves have increased by 100%. The company’s director remuneration has decreased by a large 78%, which could indicate a shift in operational strategy. Despite these positive trends, the deferred tax expense credit has decreased by 160%, which could be a cause for concern. The company's audit firm, BK Plus Audit Limited, conducted the audit.

The company’s large size (meeting two of three criteria for turnover over £36 million, balance sheet over £18 million, and more than 250 employees) suggests a well-established operation. The significant increase in assets, coupled with the decrease in bank borrowings, indicates improved financial health. However, the decrease in deferred tax expense credit warrants further investigation. Overall, Kilo Ltd appears to be a stable and growing company, although it’s important to monitor the trends in deferred tax expense credit to ensure long-term financial stability.

Registered in England/Wales under the registration number 04825117, with a registered address at DY6 7JU, England, Kingswinford, Ham Lane, Ham Lane.

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