Knb Trade Ltd

Knb Trade Ltd, based in Nottingham, UK, is a small, family-run business with an active status. Founded five years ago, the company employs 42 people and holds £570,000 in assets. It's a solo-founded operation managed by a single director and owner. The business specializes in kitchen and bathroom design and installation, operating both an in-house team and an online showroom. While primarily focused on local customers throughout Nottingham, it also offers bespoke designs and even disaster recovery services for damaged pianos—a surprising and prestigious side venture.

The company’s website highlights its 30 years of experience, family-run ethos, and commitment to quality craftsmanship. It offers a wide range of services, from modern to traditional designs, catering to both residential and commercial clients. They’re proud of their customer reviews, which are prominently displayed on their website.

Financially, Knb Trade Ltd presents a mixed picture. Current assets have increased by 23%, reaching £570,000, while net assets have risen by 50% to £310,000. However, cash bank on hand has dramatically decreased by 78%, falling to just £56,000. Trade debtors have surged by 150%, which could indicate expanding credit terms or delayed customer payments. Creditors have also increased, though by a smaller margin of 6.2%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in cash reserves is a cause for concern. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

The company's recent award from Age UK, recognizing its exceptional customer service and 5-star reviews, is a positive sign. However, the financial data suggests that Knb Trade Ltd is navigating a period of transition. Whether the piano division contributes to or detracts from the company’s overall financial health remains to be seen.

Registered in England/Wales under the registration number 12456012, with a registered address at KT3 4DQ, England, New Malden, Surrey, 14th Floor, Suite 2, Apex Tower, 7 High Street.

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