Kingfisher Industrial Limited

Kingfisher Industrial Ltd from Kidderminster UK: a small holding company with an active status, established 29 years ago, employs 26 people, and holds assets valued at £2,928,905. Based at a real address with four directors and one owner, the company regularly imports ceramic products (23 months) and exports iron or steel products (10 months). It operates within the specialised construction activities industry.

The company’s website is not available, making it difficult to ascertain its online presence or e-commerce activities. However, its operations seem to be primarily business-to-business, supplying construction-related materials and services.

Financially, Kingfisher Industrial Ltd presents a mixed picture. While current assets have increased by a substantial 22%, reaching £2,900,000, net assets have also seen a significant jump of 38%, now standing at £2,000,000. Bank borrowings have decreased considerably, falling 44% to £80,000, and cash reserves have skyrocketed by an impressive 3,700%, reaching £730,000. However, trade debtors have decreased by 38%, dropping to £350,000, which could indicate some difficulties in collecting payments. Creditors have also increased by 33%, rising to £320,000. The company meets the criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are unaudited, which is common for small companies.

The significant increase in cash reserves suggests a period of strong cash flow generation, possibly due to increased sales or efficient cost management. The decrease in bank borrowings is a positive sign, indicating reduced reliance on external financing. The decrease in trade debtors might be a concern, but could also reflect a shift in payment terms with customers. Overall, Kingfisher Industrial Ltd appears to be financially stable, with a strong asset base and improved liquidity, although monitoring trade debtors will be important.

Registered in England/Wales under the registration number 03069245, with a registered address at DY10 1HT, England, Kidderminster, Worcestershire, Units 2 & 3 The Sealine Works, Whitehouse Road.

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