Kolorcraft Holdings Limited

Kolorcraft Holdings Ltd from Ossett UK is a holding company with an active status, established five years ago in August 2019. The company, with a real address, is managed by three directors and owned by a solo founder, Atkinson Michael. It boasts a Google rating of 4.0 based on 36 reviews. Kolorcraft regularly imports machinery, boilers, and mechanical appliances; parts, with seven months of import activity, and exports paper and paperboard products, having done so for fifty-eight months.

The company operates in the activities of other holding companies n.e.c. industries. It owns companies: K Displays Limited, and Kolorcraft Group Limited. The company was previously known as Kolorcraft Group Limited, and Kcgh Limited. Its registered address is WF5 9JE, England, Ossett, West Yorkshire, Concept House, Milner Way, and it's likely a real address as only one company is registered there.

Kolorcraft’s core business involves holding companies, but its website suggests a focus on marketing and display solutions. It appears to be primarily a B2B operation, catering to businesses needing promotional materials and retail displays. While there’s no explicit e-commerce functionality on the site, it likely generates leads and facilitates orders through direct contact. The website’s design is clean and professional, showcasing a range of services, including point-of-sale displays, exhibition stands, and large-format printing.

Financially, Kolorcraft’s report paints a mixed picture. Accrued liabilities and deferred income have increased by 14%, while accumulated amortisation of intangible assets has decreased by 7.7%. Bank borrowings have risen by 11%, reaching £1.7 million, and cash reserves have surged by a remarkable 150%, climbing to £3.3 million. However, net losses deepened significantly, plummeting 93% to just £27,000. Staff costs have increased by 6.9% to £9.1 million, and trade debtors have ballooned by 890%. The company’s assets total £11.098 million. The firm’s auditor is BHP LLP.

These trends suggest Kolorcraft is investing heavily in its operations, potentially to expand its service offerings or increase its market share. The increase in bank borrowings and the deepening net losses could indicate that the company is burning through cash, but the substantial increase in cash reserves provides a buffer. The large increase in trade debtors suggests potential issues with customer payments, which could be a concern if not addressed. 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 sharp equity drop raises questions.

Registered in England/Wales under the registration number 12166250, with a registered address at WF5 9JE, England, Ossett, West Yorkshire, Concept House, Milner Way.

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