Kmg International Limited

Kmg International Ltd, based in Guildford, UK, is a small, active company established 39 years ago. With four employees and £207,247 in assets, it operates from a virtual address, managed by three directors and a single owner—the solo founder. The company is irregular importer of machinery, boilers, and mechanical appliances; parts (1 months imported), but a regular exporter of the same (41 months exported).

The company's website reveals a broader scope than initially apparent. It's part of the KMG International Group, a significant player in the energy sector, particularly in Romania and the Black Sea region. The group encompasses Rompetrol, a well-known brand, and focuses on retail, power generation, and investment projects. The website highlights sustainability initiatives, corporate governance, and even a new website launch—Rompetrol.com—suggesting a modern approach to business.

Financially, Kmg International Ltd presents a mixed picture. Current assets have decreased by 14%, falling to £210,000, while net current assets and liabilities have dramatically shifted, turning a positive £10,000 into a negative -£38,000. Bank borrowings have vanished entirely, and cash reserves have increased to £25,000. Trade debtors have increased by 140%, which could indicate a growing customer base or potentially delayed payments. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The accounts are unaudited, and no auditor is mentioned, which is common for companies of this size.

While the company’s export activities seem robust, the decline in net current assets and the increased trade debtors are concerning. The parent company, KMG International Group, appears to be investing in modernization and expansion, but it remains to be seen if Kmg International Ltd can sustain its operations and benefit from these initiatives.

Registered in England/Wales under the registration number 01990359, with a registered address at GU1 1UJ, England, Guildford, Surrey, One Ground Floor 3 London Square, Cross Lanes.

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