R G Kern Limited

  • Small
  • Active
  • 11 years
  • 1 employee
  • £8,266 (assets)
  • Virtual address
  • 1 director
  • 1 owner
  • Solo founder

Field of Operation

Retail sale via mail order houses or via Internet
47910 204335 companies

Website

Summary

R G Kern Limited, based in Gainsborough, UK, is a small, active company founded 11 years ago. With a single employee and £8,266 in assets, it operates from a virtual address and is led by a solo founder who also serves as director and owner. The company’s core business involves retail sale via mail order houses or via internet, and it’s a member of a cluster of ninety-three companies registered at the same address, which suggests a virtual address.

The company’s website, while minimal, highlights a focus on IT support and services, specifically in Scotland. This contrasts with the core retail operations, creating a slight disconnect in the company’s public image. It’s unclear how closely the IT services are integrated with the retail side, but both emphasize a British presence.

Financially, R G Kern Limited presents a mixed picture. Current assets increased by 34% to £8,300, while cash bank on hand surged a remarkable 63% to £7,900. However, net assets decreased by 22% to £3,600, and trade debtors plummeted 71% to £380. Creditors also increased by 140% to £4,800, which could indicate a need for more working capital. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity is worth noting. With no auditor mentioned, the figures are unaudited.

Overall, R G Kern Limited appears to be navigating a period of change. The increase in cash reserves is a positive sign, but the rise in creditors and the drop in equity suggest a need for careful financial management.

Registered in England/Wales under the registration number 08717195, with a registered address at DN21 1EB, England, Gainsborough, Lincolnshire, C/O Abc Accounting Services 1 Willoughton Place, Wharton Close.

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

Owners & PSC

  • Kern Robert Gerald
  • 8 years
  • 75%+

Managers

Director

Last reports

Download the last financial report
Download the last confirmation report
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Last news

  1. Total exemption full accounts made up to 2024-10-31
  2. Confirmation statement made on 2024-10-03 with no updates
  3. Total exemption full accounts made up to 2023-10-31

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