Komelon Uk Limited

Komelon Uk Ltd from Coleshill UK: a small, active company founded four years ago, employs three people, and holds £698,342 in assets. It’s a family business with one director and two owners, operating from a real address. The company regularly imports optical and medical tools and devices—a consistent activity over the last five months.

The company’s website highlights its Korean heritage, established since 1963, and positions itself as an award-winning innovator in professional hand tools. It primarily sells measuring tools, snap-off knives, blades, pruning saws, and marking tools, catering to trade professionals. The website features a dealer locator, allowing customers to find local stockists, and provides detailed product information, including technical specifications and application guides. It also includes a blog section with articles on tool maintenance and safety tips. The website’s cookie policy emphasizes user privacy and consent.

Financially, Komelon Uk Ltd shows a mixed picture. Cash bank on hand dropped by 23% to £28,000, while creditors increased by 33% to £610,000. Trade debtors, however, increased significantly by 750% to £450,000, which could indicate a shift in payment terms or a larger volume of sales. Equity increased by 130% to £89,000, suggesting improved retained earnings. 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 increase in creditors warrants attention. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

Overall, Komelon Uk Ltd appears to be a stable importer and distributor of hand tools, but the increase in debt suggests it may be burning through cash a little faster than it’s bringing it in.

Registered in England/Wales under the registration number 13303548, with a registered address at B46 1HG, United Kingdom, Coleshill, West Midlands, Unit 8 Roman Way.

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