Kite Glass Ltd

Kite Glass Ltd, based in Gainsborough, UK, is a small, active company founded twelve years ago in 2012. Employing sixty people and holding assets of £1,547,348, it’s a well-established player in its sector. With a real address, three directors, and one owner, the company maintains a solid reputation, evidenced by its 4.0 Google rating based on seven reviews. It regularly imports plastics and plastic products (nineteen months of activity), but exports irregularly (just one month of activity).

The company's website paints a picture of a specialist in laminated glass solutions. Kite Glass doesn’t just sell glass; it offers a comprehensive range of services, from consultancy and supply chain management to technical assistance and quality assurance. Their product range is extensive, covering everything from standard laminated glass to specialized options like blast-resistant, decorative, and bulletproof glass. The website highlights their expertise in architectural glass, security glass, and even antireflective glass, catering to a diverse range of markets including commercial, infrastructure, retail, transport, and marine. They even offer bespoke printed glass solutions.

Financially, Kite Glass Ltd's recent performance presents a mixed picture. Current assets have decreased by 11%, dropping to £1,500,000, while net assets have fallen by 30%, settling at £570,000. Bank borrowings have increased by 33%, reaching £820,000, and cash reserves have declined by 30% to £570,000. Trade debtors have also risen by 20%, suggesting a potential increase in outstanding payments. Despite meeting two of three criteria for being a small company, the decline in equity and increase in borrowings raises questions. With no auditor mentioned, the financial statements are unaudited.

Overall, Kite Glass Ltd appears to be a stable, albeit somewhat challenged, business. Its focus on specialized glass solutions and strong customer service positions it well, but the recent financial trends warrant close monitoring.

Registered in England/Wales under the registration number 08252961, with a registered address at DN21 2BZ, Gainsborough, Lincolnshire, 22 Market Place.

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