Kirncroft Engineering Limited

Kirncroft Engineering Ltd, based in Hull, UK, is a small, family-run business with an active status, celebrating 45 years in operation. Employing 24 people, the company holds assets valued at £8,659,095. It operates a real address and is managed by three directors and three owners. Notably, it runs an e-commerce site and has earned a stellar 5.0 Google rating from ten reviews. The company regularly imports and exports aluminum and aluminum products, with 87 months of import activity and 31 months of export activity.

The company’s website showcases a range of steel security doors, fire-rated doors, modular building solutions, and shutters. It emphasizes high-quality materials, robust locking systems, and a wide inventory—with many doors available for next-day dispatch. The site also features a blog detailing the company’s manufacturing process and expertise. It seems like they are really focusing on steel doors.

Financially, Kirncroft Engineering Ltd presents a mixed picture. Cash reserves increased significantly by 81% to £3,600,000, which is a good sign. However, trade debtors decreased by 18% to £1,500,000, suggesting slower customer payments. Creditors also increased by 26% to £2,400,000, which could indicate increased reliance on short-term financing. Net assets remained stable at £9,100,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in creditors warrants attention. There's no auditor mentioned, so the financial statements are unaudited.

Overall, Kirncroft Engineering Ltd appears to be a financially stable, family-run business with a strong reputation for quality steel doors. However, it's important to monitor the trends in debtors and creditors to ensure continued financial health.

Registered in England/Wales under the registration number 01425170, with a registered address at HU12 9EY, Hull, East Yorkshire, Wadworth Hill, Burstwick.

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