Kingsley Smythe Trading Ltd

Kingsley Smythe Trading Ltd, based in Cheltenham, UK, is a small, active holding company established two years ago. With two employees and £877,731 in assets, it operates from a virtual address—a detail flagged by the presence of 71 other companies registered at the same location. The company is led by two directors and has one owner, though the owner list may not be exhaustive. It functions as a regular importer of furniture, lighting, and prefabricated buildings, with 43 months of import activity recorded up to February 2025, and an irregular exporter of similar goods, with just two months of export activity.

The company's website is unavailable, making it difficult to assess its online presence and sales strategy. It's unclear if Kingsley Smythe Trading Ltd operates an e-commerce platform or primarily engages in wholesale distribution.

Financially, Kingsley Smythe Trading Ltd presents a mixed picture. While cash reserves have surged dramatically, increasing by a staggering 160,000%, reaching £16,000, net assets have also seen a substantial increase to £240,000. However, the company’s average number of employees has decreased by a concerning 100%, dropping to zero. Trade creditors have remained stable, suggesting consistent payment management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are unaudited and have been prepared under the historical cost convention.

The significant increase in cash reserves, coupled with the decrease in employees, suggests a potential shift in operational strategy—perhaps a focus on streamlining processes or a period of reduced activity. The substantial increase in bank borrowings, however, indicates a reliance on external financing. It’s possible that the company is investing in new inventory or equipment, or that it is facing short-term cash flow challenges. The lack of an auditor mentioned is consistent with its status as a small, exempt company.

Registered in England/Wales under the registration number 14478817, with a registered address at GL50 1SX, United Kingdom, 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.