Km Supply Ltd

Km Supply Ltd, hailing from Glasgow, UK, is a small, active company founded two years ago. It’s a solo venture, managed by a single director and owner, and operates an e-commerce site with an impressive 5.0 Google rating from thirteen reviews. The company holds £7,177 in assets and has a real address, with only one other company registered at the same location.

Km Supply Ltd specializes in retail sales via mail order and internet, offering a range of products. The company's website highlights its focus on educational supplies, suggesting a niche market within the broader retail sector. It’s a small business, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Financially, Km Supply Ltd presents a mixed picture. Cash bank on hand increased significantly, jumping to £6,300, while bank borrowings also rose to £6,100. Creditors increased to £7,300, and net current assets ended up in the negative at -£160. Trade debtors are at £290, and total inventories are at £560. The company’s equity is at £400, with retained earnings at £390. It's clear that the company owes Mr Kashif Majeed, a director, an amount of £6,102. The company was audited by AMS Accounting Services Ltd.

While the company’s Google rating suggests strong customer satisfaction, the financial data indicates a need for careful management. The increase in loans and negative net current assets suggest the company is burning through cash, but the rise in cash bank on hand indicates recent improvements. Whether this is a temporary blip or a longer-term trend remains to be seen, but the company’s small size and solo founder structure may allow for quick adjustments to navigate these challenges.

Registered in Scotland under the registration number SC746711, with a registered address at G5 0SH, United Kingdom, Glasgow, Flat 0/1, 192 Cumberland Street.

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