Kg Polymer Ltd

Kg Polymer Ltd is a small, active company registered in London, UK, with a trading status. Founded five years ago in December 2019, it employs just one person and holds £153,582 in assets. The company operates from a registered address, though it’s likely a virtual one, as 28788 other companies share the same location. Lian Xiting serves as both director and owner.

The company’s core business revolves around the manufacture of plastic packing goods. It’s a regular importer, primarily bringing in machinery, boilers, and mechanical appliances; parts, with the last import operation recorded three months ago. Export activity is minimal, with only one month of exporting “None” recorded over a year ago. The company's website is non-existent.

Financially, Kg Polymer Ltd presents a mixed picture. Accumulated depreciation has increased significantly, rising 86% for computer equipment and 52% for plant machinery. Bank borrowings have increased by a substantial amount, reaching £14,000, while cash reserves have surged an impressive 100,000%, reaching £42,000. Creditors have increased by 18%, and trade debtors have decreased slightly. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 10 employees) helps it remain nimble, but the increase in bank borrowings suggests a need for careful cash management. No auditor is mentioned, indicating exemption as a small company. The accounts are unaudited.

Registered in England/Wales under the registration number 12345000, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.

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