Koti Tech Ltd

Koti Tech Ltd, based in Tonbridge, UK, is a small, active company founded five years ago. With a single employee and £27,670 in assets, it operates from a virtual address—a detail flagged by the registration of 133 other companies at the same location. The company is led by one director and owner, Kostiw Alexander Ivan. It’s an irregular importer, primarily dealing with electrical machinery and equipment, with its last import activity recorded over two years ago in April 2022.

The company’s website, KOTI Industrieel en Technisch Borstelwerk, reveals a very different operation. It’s a well-established manufacturer of industrial and technical brushes, serving a wide range of industries from energy and climate to food and drink. The site emphasizes custom solutions, boasting expertise in knitting, crocheting, and other brush-making techniques. It’s not an e-commerce site in the traditional sense; instead, it functions as a showcase for its capabilities and a platform for generating leads. The website details a comprehensive range of brushes, including those for sweeping, weeding, and even specialized applications like piano restoration—a surprising, and potentially unrelated, diversification.

Financially, Koti Tech Ltd’s numbers paint a concerning picture. While turnover isn’t explicitly stated, the company’s equity has plummeted by 64%, dropping to just £2,700. Cash reserves have also shrunk significantly, falling to £22,000. Bank borrowings have increased substantially, reaching £29,000, and trade debtors are up 390%—suggesting payment issues or a shift to credit terms. Creditors have also increased, reaching £86,000. Despite these challenges, the company’s small size (meeting two of three criteria for a small company) allows for flexibility. The lack of an auditor, due to its status as a small company, means the figures are unaudited.

In essence, Koti Tech Ltd appears to be a small manufacturing business facing financial headwinds. While its website showcases a diverse range of brush-making capabilities, the financial data suggests a company struggling to manage its cash flow and potentially reliant on borrowing to stay afloat. The unexpected presence of piano restoration in the website’s offerings adds a layer of intrigue, but its connection to the core brush business remains unclear.

Registered in England/Wales under the registration number 12528823, with a registered address at TN11 9QU, United Kingdom, Tonbridge, Kent, First Floor, West Barn, North Frith Farm, Ashes Lane, Hadlow.

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