Knaisz Enterprises Ltd.

Knaisz Enterprises Ltd from Wembley UK: a small, active company founded 11 years ago, operates with just one employee and holds £9,037 in assets. It’s a solo founder’s venture, led by a single director and owner, Nagy Balazs, and runs an e-commerce site. The company’s real address is registered, with only one other company at the same location, suggesting a genuine presence.

The business primarily engages in retail sale via mail order houses or via internet, catering to a niche market. While small – meeting two of three criteria for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 10 employees) – it's a focused operation. The website, while not provided, likely reflects this e-commerce focus, selling goods directly to consumers online.

Financially, Knaisz Enterprises Ltd has seen some turbulence. Current assets have dropped significantly, by 67%, to just £9,000, and net assets have plummeted 76% to £6,500. Cash bank on hand has also fallen by a substantial 71%, down to £7,900. There’s also a noticeable increase in creditors, up 35% to £2,500, and a jump in final dividends paid, up to £24,000. Trade debtors have also increased, to £1,100. The company’s retained earnings and accumulated losses are at £6,500. The lack of an auditor is typical for a small company, so the figures are unaudited.

It appears the company may be burning through cash, with increased dividends paid and a decrease in cash reserves. Perhaps the company is reinvesting in the business, or maybe it’s facing challenges in generating revenue. The increase in creditors suggests a need to manage payment terms more carefully. While the company is small and agile, the financial trends raise questions about its long-term sustainability.

Registered in England/Wales under the registration number 08708900, with a registered address at HA0 1RQ, England, Wembley, 76 Cosgrove House Hatton Road.

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