Kn Engineering Solutions Ltd

Kn Engineering Solutions Ltd is a small, active company based in Rochdale, UK, founded four years ago in 2020. Employing just one person, it holds £472,529 in assets and operates from a real address. The business is a family affair, run by two directors and two owners, with a solo founder at its core. It’s an irregular importer, primarily dealing in electrical machinery and equipment, with just one month of import activity recorded as of October 2024.

The company’s website highlights its focus on keeping production on track, offering immediate parts sourcing and services 24/7. It works with world-leading brands in tools, spares, MROs, and PPE, leveraging a wide range of suppliers to meet diverse customer needs. The site features a contact form and opening hours, suggesting a focus on personalized service and quick quote generation. It’s a business that seems to be all about rapid response and reliable supply.

Financially, Kn Engineering Solutions Ltd presents a mixed picture. Accumulated depreciation increased by 56%, reflecting investment in computer equipment, while the number of employees doubled to two. Bank borrowings disappeared entirely, a positive sign, but creditors and other creditors surged, indicating a reliance on short-term financing. Trade debtors also increased significantly, suggesting potential delays in customer payments. Despite these challenges, equity improved slightly, although it remains negative. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the increase in debt warrants closer monitoring. The accounts are unaudited, as is typical for small companies.

Overall, Kn Engineering Solutions Ltd appears to be navigating a period of growth and change. While the increase in debt is a concern, the company’s focus on rapid response and reliable supply could position it well in a competitive market.

Registered in England/Wales under the registration number 12734730, with a registered address at OL12 8HN, England, Rochdale, Kn Engineering Solutions Unit 3 Peel Mill, Market Street, Shawforth.

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