K R B Systems Ltd

K R B Systems Ltd, based in Nottingham, UK, is a small, active company founded seventeen years ago. Employing six people and holding £3,283,924 in assets, it operates from a real address and is overseen by three directors and three owners. The company boasts a solid 4.0 Google rating from five reviews and regularly imports iron or steel products, with the last import operation occurring five months ago.

The company’s core business involves wholesale of other office machinery and equipment. While its website is minimal, it suggests a focus on supplying businesses with essential office equipment. It’s a relatively small operation, meeting two of the three criteria to be classified as small (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees).

Financially, K R B Systems Ltd presents a mixed picture. Cash bank on hand remained steady at £2.6 million, but current assets declined slightly by 3.6% to £3.3 million. Trade debtors decreased significantly by 21%, which could indicate improved collections or reduced sales. Interestingly, accrued liabilities increased, suggesting potential short-term obligations. Equity also grew by 3.1%, indicating retained earnings accumulating. Property, plant, and equipment decreased by 23%, possibly due to depreciation or asset sales. The company’s auditor is Moore Thompson.

The company’s financial health appears stable, but the decrease in current assets and trade debtors warrants further investigation. The growth in equity, however, suggests the company is retaining profits and building a stronger financial foundation. The lack of significant debt and a solid cash position provide a buffer against potential economic headwinds.

Registered in England/Wales under the registration number 06325019, with a registered address at NG2 4DH, England, Nottingham, Krb Systems, Daleside Road.

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