Koin Limited

Koin Ltd from Poole UK: a small holding company with an active status, was founded thirteen years ago. The company employs thirty-six people and holds assets valued at £2,449,832. With a real address, one director, and two owners (though this list might not be exhaustive), Koin Ltd maintains a Google rating of 3.0 based on twelve reviews. The company regularly imports jewelry, precious stones, and metals (for forty-nine months), and exports art and antiques (for six months).

The company operates in the retail sale via mail order houses or via internet industries. Its website currently states, "Main big changes are coming... come back soon," suggesting a temporary pause or redesign. This indicates a possible shift in strategy or a temporary halt to online sales.

Financially, Koin Ltd shows some concerning trends. While current assets increased by 14% to £2,400,000, net assets decreased by 6.2% to -£88,000. Bank borrowings dropped by 29% to £420,000, and cash reserves fell by 52% to £190,000. Creditors increased by 10% to £2,300,000, and trade debtors rose by 33% to £570,000. The company’s small size (meeting two of three conditions for a small company) helps it remain flexible, but the drop in equity suggests potential financial strain. The unaudited figures, with no auditor mentioned, rely on director-reported data.

Despite these challenges, Koin Ltd’s import and export activities demonstrate ongoing business operations. The company’s future success will likely depend on its ability to navigate these financial pressures and adapt to the changes indicated by its website.

Registered in England/Wales under the registration number 08025198, with a registered address at BH12 4NZ, England, Poole, Dorset, Unit D, Acorn Business Park, Ling Road.

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