Kingsley Smythe Limited

Kingsley Smythe Limited, based in Cheltenham, UK, is a small, active company founded 16 years ago. With six employees and £938,446 in assets, it operates as a family business with a virtual address and is overseen by two directors and owners. The company has a Google rating of 78 reviews, and is known for its e-commerce site and regular importing of furniture, lighting, and prefabricated buildings—126 months of import activity recorded, with the latest in December 01, 2023.

The company’s website reveals a wholesale and retail operation specializing in furniture, carpets, and lighting equipment. It also operates in the retail of furniture, lighting, and similar items. Kingsley Smythe Limited owns two other companies: Eco-wood Imports Limited and Kingsley Smythe Trading Ltd. The company's core business involves the wholesale and retail of furniture, carpets, and lighting equipment, with a focus on specialized store industries.

Financially, Kingsley Smythe Limited shows some concerning trends. While current assets increased by a substantial 98% to £940,000, net assets declined slightly by 0.32% to £520,000. Bank borrowings decreased by 25% to £18,000, and cash reserves increased by 35% to £3,700. Creditors, however, jumped by 44% to £1.4 million, which could indicate increased reliance on short-term financing. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the rise in creditors warrants attention. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

The company's average number of employees has dramatically decreased by 67%, from six to just two, which is something to keep an eye on. Despite these fluctuations, Kingsley Smythe Limited appears to be navigating the market, with its focus on importing and its online presence suggesting a continued effort to engage customers.

Registered in England/Wales under the registration number 06809595, with a registered address at GL50 1SX, England, Cheltenham, Gloucestershire, Rotunda Buildings, Montpellier Exchange.

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