Kirklands And Equipment Supply Company Limited

Kirklands And Equipment Supply Company Ltd, based in Great Yarmouth, UK, is a small, active holding company founded four years ago. Employing 20 people and holding £839,073 in assets, it operates from a real address and is overseen by three directors and a single owner. Google reviews are stellar, boasting a 5.0 rating from 13 reviews. The company regularly imports footwear and related items, with the last import operation occurring seven months ago.

The company’s website reveals a dual business model. Primarily, it functions as a stockist and distributor of PPE, workwear, and safety equipment, serving industrial clients. However, it also operates Equipment Supply Co, a separate division focused on supplying the onshore and offshore industries with hydraulic hoses, fittings, tools, and consumables. This division even offers in-house testing and certification services. The website showcases a wide range of products, from abrasives and cleaning supplies to ropes, rigging, and even marine equipment. It’s clear the company aims to be a one-stop shop for industrial and maritime clients.

Financially, Kirklands And Equipment Supply Company Ltd shows some concerning trends. While total assets remained relatively stable, net assets plummeted 41%, falling to £100,000. Cash reserves took a significant hit, decreasing by 71% to £12,000. Bank borrowings increased by 17%, reaching £44,000. Creditors also rose by 19%, to £640,000. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the sharp decline in equity raises questions about its financial health. No auditor is mentioned, which is common for companies of this size.

The company’s dual business model—PPE distribution and industrial supply—suggests diversification, but the financial data indicates a need for careful management. Whether the Equipment Supply Co division can offset the pressures on the PPE business remains to be seen.

Registered in England/Wales under the registration number 12631217, with a registered address at NR30 3NZ, England, Great Yarmouth, Norfolk, Kirklands House, Main Cross Road.

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