Kromat Trading Limited

Kromat Trading Ltd from London UK is a large, active company founded 39 years ago, in 1985. It operates as a holding company, employing eight people and holding assets worth £18,928,702. The company’s registered address is a virtual one, with forty-six other companies registered at the same location, raising some questions. It’s managed by five directors and has one owner, though the list of owners changed eight years ago. Kromat Trading Ltd regularly imports iron or steel products, having imported for 340 months, with the last import operation occurring in January 2025. It also exports iron and steel, having exported for six months, with the last export operation in October 2022.

The company’s website is currently unavailable, making it impossible to determine if it operates an e-commerce platform or provides other online services.

Financially, Kromat Trading Ltd presents a mixed picture. While turnover decreased by 30% to £37 million, cash reserves increased significantly by 170% to £6.5 million. However, net assets only grew by 6.3% to £1.7 million. Bank borrowings have decreased dramatically, dropping 99% to zero, which is a positive sign. However, staff costs decreased by 38%, and net losses deepened by 61% to £100,000. Creditors have increased by 53%, suggesting a reliance on external financing. The company meets the criteria for a large company, having met two of three conditions: turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. The financial statements were audited by Cottons Accountants LLP. The company's ultimate controlling party is Mr S J Knowles, a director of the company.

Registered in England/Wales under the registration number 01958200, with a registered address at EC2M 5PS, London, Salisbury House, London Wall.

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