Kinetic-id Ltd

Kinetic Id Ltd from Bognor Regis UK: a small holding company with an active status, was founded six years ago in December 2018. The company employs ten people and holds assets valued at £1,151,316. It has a real address, five directors, and one owner. Kinetic Id Ltd regularly imports electrical machinery and equipment (135 months imported) and exports furniture, lighting, and prefabricated buildings (33 months exported). The company operates in the manufacture of office machinery and equipment industries.

The company’s website showcases a focus on healthcare and life sciences, offering medical computer carts, workstations, and intelligent bedside cabinets. It caters to both sectors, providing solutions for dispensing, charging, and storage. KineticID emphasizes market-leading mobility solutions, combining IT with its own products, and highlights its commitment to customer-led design and innovation. The site also features case studies and testimonials, showcasing its work with various clients and boasting 50 years of experience and 97 projects completed.

Financially, Kinetic Id Ltd presents a mixed picture. While total assets increased by 44%, to £210,000, net assets decreased by 430%, to £170,000. Cash reserves fell by 25%, to £130,000, and bank borrowings surged by 1500%, reaching £170,000. Trade debtors increased significantly, by 110%, to £660,000, while creditors decreased by 9.5%, to £320,000. The company is classified as small, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor is likely due to its small size.

The company's financial performance suggests it's experiencing growing pains, with increased debt potentially reflecting investments in its product offerings. However, the rise in trade debtors could also indicate challenges in collecting payments. The company's focus on specialized markets and its commitment to innovation may help it navigate these challenges and sustain growth in the long term.

Registered in England/Wales under the registration number 11732390, with a registered address at PO21 2XJ, England, Bognor Regis, 44 Chichester Road.

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