Kingfisher Building Products Limited

Kingfisher Building Products Ltd from Glasgow, UK, is a small, active company established 22 years ago in 2003. Employing 16 people, it holds £1,362,427 in assets and operates from a real address at 150 Shuna Street. The business is led by two directors and one owner, maintaining a respectable Google rating of 4.0 based on 30 reviews. It’s a regular importer of rubber and rubber products, with 11 months of import activity recorded, and an irregular exporter of plastics and plastic products, with just one month of export activity.

The company's website showcases its role as a manufacturer of quality sealants, coatings, and waterproofing systems. It caters to both trade and public customers, offering a wide range of products including damp proofing solutions, stone and brick sealers, roof coatings, paints, wood treatments, and various accessories. The site highlights its expertise in specialist solutions for dampness, waterproofing, and restoration, with a focus on British craftsmanship and fast delivery options. They even offer training seminars and downloadable resources.

Financially, Kingfisher Building Products Ltd presents a mixed picture. While current assets increased by 30%, net assets decreased by 12%, and bank borrowings surged by 310%—reaching £41,000. Cash reserves fell by 64%, indicating a reliance on borrowing. Creditors also increased significantly, by 90%, suggesting increased short-term liabilities. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. No auditor is mentioned, meaning the figures are unaudited.

Intangible assets have also seen a decrease, with a 50% reduction in their value. This could be due to amortization or changes in valuation practices. The company’s increased reliance on borrowing, coupled with the decrease in cash reserves, suggests it may be experiencing cash flow pressures. Whether this is a temporary setback or a longer-term trend remains to be seen, but Kingfisher Building Products Ltd appears to be navigating a period of financial adjustment.

Registered in Scotland under the registration number SC249720, with a registered address at G20 9ES, Scotland, Glasgow, 150 Shuna Street.

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