Kochans Ltd

Kochans Ltd is a small, active company based in Barking, UK, founded two years ago in October 2022. It’s a solo founder operation with one director and one employee, generating £79,213 in revenue. The company operates from a real address shared by four other businesses, suggesting a potentially cost-effective setup. Kochanskas Oskaras is both the director and owner, and he’s clearly the driving force behind the business.

The company’s activities revolve around construction of domestic buildings and retail sales via mail order and internet. It’s a niche area, and the website highlights investigative journalism and writing, with Nick Kochan being the noted author. This suggests a diversification of income streams beyond construction, perhaps leveraging Kochan's expertise in writing and research. The site features articles on bribery, corruption, and other complex topics, indicating a focus on in-depth analysis.

Financially, Kochans Ltd is showing some interesting trends. While the company’s turnover is a respectable £79,000, net assets are a mere £100. This is a very low number, and it’s worth noting that the company’s equity is also only £100. Bank borrowings are non-existent, and cash reserves are not mentioned. The company’s operating profit loss is only £810, which is a very small number. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the low equity raises questions about its long-term financial stability. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited director-reported data.

The company’s website suggests a shift in focus towards investigative journalism and writing, which could explain the modest construction revenue. It’s a risky move, but it could also be a smart way to leverage Kochan’s expertise and create a more sustainable business model.

Registered in England/Wales under the registration number 14434559, with a registered address at IG11 9HY, England, Barking, 75 Beccles Drive.

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