Kyal Machine Tools Limited

Kyal Machine Tools Ltd from Market Harborough UK: small company, holding company, active status, founded 39 years ago, 8 employees, £1,526,189 assets, real address, 3 directors, 1 owner. Regular importer of machinery, boilers, and mechanical appliances; parts (168 months imported). Regular exporter of machinery, boilers, and mechanical appliances; parts (18 months exported). It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the agents involved in the sale of machinery, industrial equipment, ships and aircraft industries. Officially, it has one owner or PSCs, three directors, and eight employees.

The company’s website, Kyal Machine Tools, positions itself as a partner for high-precision machinery, delivering solutions for sectors like aerospace, oil & gas, and power generation. It’s clear that Kyal Machine Tools isn't an e-commerce site; instead, it acts as a distributor and service provider for machinery brands like Weiler and Mitsui Seiki. The website highlights a comprehensive support system, including tailored service solutions and machine tool support. There's a lot of news and video content, featuring interviews with the managing director, Simon Pollard, and showcasing the company’s expertise. It's a good way to build a reputation.

Financially, Kyal Machine Tools Ltd shows some interesting trends. While cash reserves have increased significantly, jumping 150% to £1.4 million, other areas are concerning. Current assets have fallen by 12% to £1.5 million, and net assets have increased by 14% to £1.3 million. Bank borrowings have decreased dramatically, by 95%, which is a positive sign. However, trade debtors have plummeted by 85%, which could indicate payment issues with customers or a shift in sales practices. The company’s small size helps it stay agile, but the sharp decrease in debtors warrants further investigation. The lack of an auditor mentioned suggests the company is exempt as a small business, and the figures rely on unaudited statements. The company has elected not to include a copy of the profit and loss account within the financial statements.

Registered in England/Wales under the registration number 01937586, with a registered address at LE16 8BD, England, Market Harborough, Leicestershire, The Settling Rooms, Springfield Street.

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