Kornelis Limited

Kornelis Limited is a small, active company based in Northwich, UK, founded three years ago in March 2022. It operates from a virtual address, with 71 other companies registered at the same location, and is led by a single director and owner, who is also the solo founder. The company’s activities span multiple industries, including construction installation, joinery, retail sales via mail order and internet, and various other service activities.

The company’s website is unavailable, so it’s impossible to determine if it’s an e-commerce operation. However, the range of services suggests a diverse business model, potentially catering to both B2B and B2C clients.

Financially, Kornelis Limited presents a mixed picture. While classified as a small company (meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), its net assets liabilities have increased by 30% to -£1500. Cash bank on hand has fallen by 46% to £19, and loans from directors have risen significantly, by 57% to £1500. Trade creditors have also decreased by 100%, suggesting a change in payment terms with suppliers. The accounts are described as “filleted accounts” and are unaudited, which is common for small companies exempt from an audit.

The increase in liabilities, coupled with the decrease in cash reserves, could indicate that the company is facing financial pressures. However, the rise in loans from directors might suggest a willingness to invest in the business. The lack of employees reported (zero) points to a lean operation, which could be both an advantage (lower overhead) and a disadvantage (limited capacity). The accounts were prepared by Litke Wood & Co Limited.

Registered in England/Wales under the registration number 14008768, with a registered address at CW9 5DR, England, Northwich, 105 Witton Street.

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