Kingreen Veg Limited

Kingreen Veg Ltd, based in Harrow, UK, is a small, active company founded eleven years ago in 2014. With just two employees and £124,943 in assets, it’s a compact operation led by two directors and a single owner. The company regularly imports edible vegetables and roots, with nine months of import activity recorded, the latest in April 2024. It’s a real address with only seven companies registered at the same location.

The company’s website, The7.co.uk, functions as a directory, listing Kingreen Veg Ltd alongside a wide range of businesses across the UK. It's a simple listing with no e-commerce functionality—just a directory with a searchable database of companies. The website’s primary function appears to be a business directory, not a direct sales platform. The site also lists a phone number and a link to a website, kingreenveglimited.com, which redirects to the same directory page.

Financially, Kingreen Veg Ltd presents a mixed picture. Current assets have decreased by 29% to £120,000, while net assets remained steady at -£140,000. Bank borrowings decreased by 20% to £40,000, and cash reserves increased significantly by 770% to £2,500. Creditors decreased by 22%, suggesting improved debt management. The company meets two of three criteria to be considered small: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The increase in cash reserves is encouraging, but the negative equity and declining assets warrant closer scrutiny. With no auditor mentioned, the figures are unaudited.

Overall, Kingreen Veg Ltd seems to be holding its own, but the negative equity and declining assets could be a concern. The company’s reliance on a third-party directory for its online presence suggests a focus on wholesale distribution rather than direct consumer sales.

Registered in England/Wales under the registration number 08948921, with a registered address at SM4 5HP, England, Morden, 113 London Road.

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