Kirwin & Simpson Limited

Kirwin & Simpson Ltd, based in Grays, UK, is a small holding company with an active status, established fifteen years ago in 03/24/2010. The company employs 48 people and holds assets worth £3,017,728. It has a real address, five directors, and one owner, and maintains a respectable Google rating of 4.0 based on a single review. The company regularly imports furniture, lighting, and prefabricated buildings, having done so for eighteen months, with the most recent import occurring in February 01, 2025. It also exports these same items, having done so for eight months, with the last export operation taking place on July 01, 2024.

The company operates in the other business support service activities n.e.c. industries. While a website isn't readily available, the business likely focuses on wholesale or distribution rather than direct-to-consumer e-commerce.

Financially, Kirwin & Simpson Ltd presents a mixed picture. Current assets have increased by a notable 61%, reaching £3,000,000, while trade debtors have also risen by 14%, reaching £1,900,000. However, bank borrowings have dramatically decreased by 99%, falling to a mere £220. Creditors have also seen a significant reduction, decreasing by 67%, to £13,000. The company’s equity has increased by 6.3%, reaching £160,000, but net losses have deepened, suggesting the company is burning through cash despite increased sales. The company meets the criteria to be considered a small company, with turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned likely means the accounts are unaudited.

The sharp decrease in bank borrowings is a positive sign, potentially indicating improved cash flow management. However, the increased trade debtors and net losses suggest the company is facing challenges in converting sales into cash and controlling expenses. The company’s reliance on imports and exports, while offering growth opportunities, also exposes it to currency fluctuations and supply chain disruptions.

Registered in England/Wales under the registration number 07201629, with a registered address at RM17 6ST, Grays, Essex, Unit 13 Globe Industrial Estate, Rectory Road.

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