Kris Associates Limited

Kris Associates Limited, based in Whalley, UK, is a small, family-run business with an active status. Founded twelve years ago in 2012, the company employs just three people and holds £76,086 in assets. It operates from a virtual address – one of 144 companies registered at the same location – and is led by one director and two owners, with ownership changes reported five months ago. The company regularly imports furniture, lighting, and prefabricated buildings, with the latest import activity recorded four months ago in October 2024. Kris Associates Limited is involved in the wholesale of furniture, carpets, and lighting equipment.

The company’s website, KRIS Furniture, showcases a focus on commercial bespoke furniture for offices, hospitality, and leisure environments. They offer a full-service package from design to completion, with a showroom in Manchester City Centre. The site highlights projects for clients like TalkTalk and Lancashire FA, demonstrating a focus on larger-scale installations. The website also features a blog with articles on topics like colour schemes for restaurants, reflecting a desire to provide value beyond just product sales.

Financially, Kris Associates Limited shows a mixed picture. Current assets have decreased by 34% to £76,000, while net assets have also declined, though less significantly. Cash bank on hand has dropped a substantial 81% to just £6,600, and trade debtors have fallen by 54%. On the positive side, creditors have also decreased, suggesting improved debt management. The company’s small size – meeting two of three criteria for a small company – allows for agility, but the decrease in cash reserves is a cause for concern. With no auditor mentioned, the figures are unaudited.

Overall, Kris Associates Limited appears to be navigating a period of financial adjustment. While the website suggests a strong focus on commercial projects and customer service, the declining cash reserves and reduced assets indicate a need to carefully manage expenses and maintain a steady flow of income.

Registered in England/Wales under the registration number 08312473, with a registered address at BB7 9YE, England, Whalley, Lancashire, Unit 27b Mitton Road Business Park, Mitton Road.

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