Kue Group Ltd

Kue Group Ltd from Bradford UK: a small, active company founded 18 years ago, employs 21 people, and holds £2,790,252 in assets. It's a real address with four directors and three owners. The company regularly imports machinery, boilers, and mechanical appliances – parts, with six months of import activity, and irregularly exports the same, with just one month of export activity.

Kue Group Ltd operates as a specialist in steel surface preparation, coating, and lining technology, as seen on its website. It provides services like grit blasting, protective coatings, and even offers solutions for power generation and temporary buildings. The site highlights a commitment to quality and safety, with a focus on customer service and technical expertise. The company’s website also promotes SKAPHEN products, including specialized coatings and cleaning pastes.

Financially, Kue Group Ltd shows a mixed picture. While current assets increased by 40% to £2,800,000, net assets grew by 39% to £760,000. Bank borrowings have vanished completely, a positive sign, and cash reserves jumped a significant 120% to £1,400,000. However, key management personnel compensation increased by 25% to £210,000. Creditors increased by 51% to £2,400,000, and debtours remained steady at £1,300,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the increase in creditors does raise questions. No auditor is mentioned, likely due to the company’s small size and exemption from an audit. The company’s accounts are unaudited.

It seems the company is doing well, but it’s important to keep an eye on the growing creditors.

Registered in England/Wales under the registration number 05893946, with a registered address at BD3 9SU, Bradford, West Yorkshire, Birksland Street.

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