Mr Kay Ltd

Mr Kay Ltd from Beckenham UK: a small, active company founded 35 years ago, employs four people, and holds £113,510 in assets. It operates from a virtual address, managed by a single director and owner, a solo founder. A 3.0 Google rating from just two reviews suggests room for improvement. The company regularly imports electrical machinery and equipment, with recent activity recorded in November 2024.

The company’s core business appears to be retail of furniture, lighting, and similar items—specialized store industries. However, a quick search reveals a website for Core Commercial, a commercial estate agent operating across South East UK. This suggests Mr Kay Ltd may have a secondary business related to commercial property, although the connection isn't immediately clear. The website details a range of services, including property search, consultancy, and surveying, targeting businesses seeking warehouse, office, and industrial space.

Financially, Mr Kay Ltd shows a mixed picture. Current assets have declined by 32%, falling to £110,000, while net assets have dropped 28% to £35,000. Cash reserves have also decreased by 35%, sitting at £43,000. However, creditors have seen a significant reduction of 33%, indicating improved debt management. Trade debtors have fallen by a substantial 48%, suggesting quicker payment collection. The company’s small size—meeting two of three conditions for being classified as small—allows for flexibility, but the decline in equity raises questions. With no auditor mentioned, the financial statements are unaudited.

Overall, Mr Kay Ltd seems to be navigating a period of change. The shift toward commercial property, as indicated by the website, could be a strategic move to diversify income, but the declining financial metrics warrant close monitoring.

Registered in England/Wales under the registration number 03910708, with a registered address at BR3 3PP, England, Beckenham, 409-411 Croydon Road.

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