Kwi Grinding Limited

Kwi Grinding Ltd, based in Coventry, UK, is a small, holding company with an active status, having been founded 29 years ago in 1995. Employing 15 people, the company holds £403,063 in assets and operates from a real address. With two directors and one owner, Kwi Grinding Ltd is a well-established player in its sector. It regularly imports various base metals and cermets (for three months), and exports machinery, boilers, and mechanical appliances (for twelve months).

The company specializes in precision engineering, offering services like electrical discharge machining and powder compaction. Its website highlights expertise in carbide components, tooling, and general machining. Kwi Grinding also caters to a range of industries, including aerospace, packaging, food processing, and automotive. They even boast an in-depth knowledge of the powder compaction and fastener tooling industries. The company holds UKAS recognised ISO90012015 approval, demonstrating a commitment to quality.

Financially, Kwi Grinding Ltd presents a mixed picture. Accrued liabilities decreased by 19%, while accumulated depreciation on plant machinery increased by 5%. Bank borrowings were reduced by 33%, which is a positive sign, but cash reserves increased by a substantial 43%. Trade debtors decreased by 12%, which could indicate improved cash flow management. Net assets decreased by 1%, suggesting a slight weakening of the company's overall financial position. The company meets the criteria for a small business, with turnover under £10.2 million and assets under £5.1 million. As a small company, it is exempt from an audit.

Overall, Kwi Grinding Ltd seems to be navigating a period of change, with some areas showing improvement while others require attention. The company’s long-standing experience and diverse capabilities position it well for continued success, but careful management of its finances will be crucial.

Registered in England/Wales under the registration number 03067652, with a registered address at CV3 1JN, Coventry, Warwickshire, Leofric House, Binley Rd.

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