Kb Tradex Ltd

Kb Tradex Ltd, based in Basingstoke, UK, is a small, active company established nine years ago. With three employees and £201,071 in assets, it operates from a real address within the Basepoint Enterprise Centre. The company is led by one director and owner, Bugala Krzysztof, and maintains an e-commerce site with a respectable Google rating of 4.0 from four reviews. It regularly imports glass and glassware, with the latest activity recorded three months ago.

Kb Tradex Ltd’s core business involves retail sales via mail order and online, with a focus on glass and glassware. The company’s website highlights its commitment to quality and customer service. It’s a small operation, meeting two of three criteria to be classified as such: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Financially, Kb Tradex Ltd presents a mixed picture. Current assets have decreased by 4%, falling to £200,000, while cash reserves have dropped by a more significant 42%, now standing at £9,100. Bank borrowings have increased to £2,100, a rise of 200%, and creditors have slightly increased by 0.53%, reaching £93,000. Trade debtors have seen a dramatic decrease of 89%, now at only £2,000. On a positive note, other creditors have fallen to zero. The company’s net assets have risen by 19%, reaching £45,000. The company is exempt from an audit, and the financial statements are unaudited.

These numbers suggest a period of adjustment. While the company’s assets remain substantial, the decline in cash and the increase in borrowings indicate a need for careful financial management. The sharp decrease in trade debtors could be a temporary blip or a sign of payment difficulties, and it's something to keep an eye on.

Registered in England/Wales under the registration number 09937465, with a registered address at LS1 5DQ, Leeds, Resolution House, 12 Mill Hill.

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