Kinetic Enterprises Limited

Kinetic Enterprises Ltd from London UK: a large company, active status, founded 34 years ago, with 42 employees, boasts £11,017,939 in assets and yearly revenue of £11,409,380. It operates from a virtual address, managed by two directors and one owner, and runs an e-commerce site. The company regularly imports and exports essential oils and perfumes, with 437 months of import activity and 239 months of export activity.

This sizable company, meeting two of three conditions to be considered large (turnover exceeding £36 million and balance sheet total exceeding £18 million), is a well-established player in the UK market. It’s been around for 34 years, and the number of employees seems stable. However, the use of a virtual address, where 115 other companies are registered, is a little concerning.

The company’s financial picture presents a mixed bag. While turnover increased by 12%, net assets decreased significantly, dropping 73%. Bank borrowings increased dramatically, suggesting a need for additional funding, and cash reserves plummeted, which could indicate tight cash flow. Creditors decreased, which is a positive sign of better debt management. The company's auditor is Mehta & Tengra, and the financial statements are unaudited.

Kinetic Enterprises Ltd’s core business revolves around importing and exporting essential oils and perfumes, indicating a focus on international trade. The company’s e-commerce site likely serves as a primary sales channel, allowing it to reach a wider customer base. The company operates in the wholesale of pharmaceutical goods, the retail sale of medical and orthopaedic goods, and the retail sale via stalls and markets of food, beverages and tobacco products.

The sharp decrease in net assets and cash reserves, despite increased turnover, suggests the company might be reinvesting heavily in its operations or facing increased costs. It's possible the company is expanding its product lines or entering new markets, which could explain the need for additional funding and the decline in cash reserves.

Registered in England/Wales under the registration number 02565441, with a registered address at W1T 3AD, United Kingdom, London, 9 Berners Place.

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