Km Elite Products Limited

Km Elite Products Ltd, based in Horsham, UK, is a small, family-run business with an active status, celebrating 21 years in operation. Employing 13 people, the company boasts assets of £2,491,454, though it operates from a virtual address – a point to note as 36 companies are registered at the same location. With two directors and two owners, the business regularly imports and exports leather goods, travel bags, and animal harnesses, having imported for 47 months and exported for 31 months.

The company's website reveals a strong focus on equestrian equipment. It’s a vibrant online store showcasing a wide range of products, from horse boots and bandages to rider essentials like gloves and air vests. The site also highlights brand ambassadors and features a catalogue download, suggesting a commitment to showcasing its offerings and building brand loyalty. The website's emphasis on sales and Christmas opening hours indicates a strong retail focus.

Financially, Km Elite Products Ltd shows some interesting trends. Cash bank on hand increased by a healthy 8.9% to £680,000, while debtors saw a significant jump of 75%, reaching £950,000 – this could be a sign of increased sales, but also potentially a challenge in collecting payments. Creditors, however, decreased by 24%, suggesting improved management of short-term liabilities. Net assets grew by 5.9% to £2.3 million, a positive sign of overall financial health. Bank borrowings decreased by 7.2% to £8,700. The company’s small size—meeting two of three criteria for being a small company—allows for agility, but the increase in debtors needs to be monitored. As a small company, it is exempt from an audit, so the financial data is unaudited.

Overall, Km Elite Products Ltd appears to be a stable, family-run business with a strong online presence and a focus on the equestrian market. The increase in debtors, however, is something to keep an eye on in future reports.

Registered in England/Wales under the registration number 04763484, with a registered address at RH12 1AT, Horsham, West Sussex, Solo House, The Courtyard, London Road.

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