Kingstown Associates Limited

Kingstown Associates Limited, based in Driffield, UK, is a sizable holding company with an active status. Established sixteen years ago, in 2008, the company employs 113 people and holds assets worth £6,342,915. Its yearly revenue reached £13,486,055. With five directors and one owner, the company operates from a real address and has a Google rating of 3.0 based on twelve reviews. Kingstown Associates is a regular importer of clothing and accessories made by knitting or crocheting, having imported for 128 months, with the latest import operation occurring in January 1, 2025.

The company's website highlights its position as a leading UK mail order company, owning several lifestyle brands primarily aimed at the over 60s. Kingstown Associates offers a variety of services, including media advertising, wholesale purchasing, and business management support. The site emphasizes customer needs and boasts a range of services, from trade buying to design and outsourcing.

Financially, Kingstown Associates presents a mixed picture. While current assets increased slightly to £6,300,000, net assets decreased by a significant 45% to £5,100,000. Bank borrowings increased by 110%, reaching £1,100,000, and cash reserves dropped by 37% to £1,200,000. Creditors decreased by 12%, suggesting some improvement in debt management. Turnover decreased by 13% to £13,000,000, a notable shift. The company meets two of three criteria to be considered a large company, indicating a solid size but potential challenges in scaling. The lack of an auditor mentioned suggests the company is exempt, relying on unaudited statements.

Overall, Kingstown Associates appears to be navigating a period of financial adjustment. The company's focus on lifestyle brands and customer service suggests a commitment to its core market, but the declining profits and increasing debt raise concerns. The company's long history and established presence in the mail order industry, however, provide a foundation for future growth.

Registered in England/Wales under the registration number 06742414, with a registered address at YO25 9DJ, Driffield, East Yorkshire, 1 Wadsworth Road, Kelleythorpe Industrial Estate.

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