Kosnic Lighting Limited

Kosnic Lighting Ltd from Newbury UK: a large company with an active status, was founded 23 years ago. It employs 47 people and holds £10,927,018 in assets, generating a yearly revenue of £21,358,805. The company has a real address, is managed by three directors, and owned by two individuals. It boasts a perfect 5.0 Google rating based on five reviews. Kosnic Lighting regularly imports electrical machinery and equipment (124 months) and exports furniture, lighting, and prefabricated buildings (77 months).

The company operates in the manufacture of electric lighting equipment, and its website suggests a focus on wholesale distribution rather than direct-to-consumer sales. While no e-commerce functionality is apparent, the site lists distributors across Europe and beyond, indicating a business-to-business model. The website's design is simple, functional, and lacks the polish of a consumer-facing brand.

Financially, Kosnic Lighting Ltd shows a mixed picture. Current assets increased by 13%, reaching £11 million, while net assets grew a substantial 40% to £3.3 million. Bank borrowings remained relatively stable, and cash reserves increased slightly. However, administrative expenses rose significantly by 15%, suggesting increased operational costs. Turnover increased by 21%, reaching £21 million, a positive sign of growing sales. The company meets the criteria for a large company, having turnover more than £36 million, balance sheet more than £18 million, and employees more than 250.

The company’s financial statements were audited by Menzies LLP. While the growth in turnover is encouraging, the increase in administrative expenses warrants further scrutiny. The company’s reliance on regular imports and exports suggests a complex supply chain, which could be vulnerable to disruptions. The lack of a direct sales presence may limit its growth potential, but its focus on wholesale distribution allows it to serve a wide range of customers.

Registered in England/Wales under the registration number 04380474, with a registered address at RG14 5PX, England, Newbury, Unit F Kennetside, Bone Lane.

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