Kp Technology Ltd.

Kp Technology Ltd, based in Wick, UK, is a small holding company with an active status, having been incorporated twenty-four years ago on May 19, 2000. The company employs nine people and holds assets worth £1,170,923. It operates from a real address at KW1 5LE, Wick, Caithness, Milton House, Thurso Road, and is overseen by two directors and two owners. The company regularly imports and exports optical and medical tools and devices—four months of import activity and twenty-four months of export activity were recorded, with the most recent export taking place in September 2024.

Kp Technology Ltd operates in several industries, including manufacturing, specialised design, professional and technical services, and research and development. The company’s website is currently unavailable, so it’s difficult to determine if it operates an e-commerce site.

Financially, Kp Technology Ltd’s performance has shown some volatility. Current assets have decreased by 30%, falling to £1,100,000, while net assets have also declined by 28%, now at £1,300,000. Bank borrowings have increased significantly, rising by 2,400% to £29,000, and cash reserves have fallen by 30% to £650,000. However, creditors have decreased by 31%, suggesting improved debt management. The company meets two of the three criteria to be considered small—turnover under £10.2 million, assets under £5.1 million, and fewer than fifty employees. The lack of an auditor mentioned likely means the company is exempt from an audit as a small company.

The company’s financial trends indicate a period of adjustment. While it’s managing its debts more effectively, the decline in assets and cash reserves warrants careful monitoring. The company's directors, Baikie Iain Douglas and Koponen-baikie Ermi Lisa Elena, will need to navigate these challenges to ensure long-term financial health.

Registered in Scotland under the registration number SC207302, with a registered address at KW1 5LE, Wick, Caithness, Milton House, Thurso Road.

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