Urban Kandi Limited

Urban Kandi Limited is a small, active company based in Ayr, UK, founded nineteen years ago in 2005. With eighty-six employees and £2,940,218 in assets, it operates from a virtual address – a point to note as 113 companies are registered at the same location. The business is a family affair, run by two directors and three owners, with a solo founder at its core. It’s a regular importer, specializing in furniture, lighting, and prefabricated buildings, with a history of importing for 399 months, the last operation being in March 2025. The company operates in the retail of furniture, lighting, and similar items.

The company's website is unavailable, making it difficult to assess its online presence and sales channels. It’s unclear if Urban Kandi Limited operates an e-commerce site or relies on wholesale or retail partnerships.

Financially, Urban Kandi Limited shows a mixed picture. Current assets have decreased by 26% to £2.9 million, while net assets have plummeted 98% to £26,000. Bank borrowings increased by 34% to £270,000, and cash reserves have increased by 21% to £400,000. Creditors have decreased by 52% to £340,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and eighty-six employees. The significant drop in net assets, however, is a cause for concern, potentially indicating increased expenses or reduced profitability. The lack of an auditor mentioned suggests the company is exempt from an audit, relying on unaudited financial statements.

Overall, Urban Kandi Limited appears to be navigating a challenging financial period, despite its established presence and ongoing import activity.

Registered in Scotland under the registration number SC294234, with a registered address at KA7 2AY, Scotland, Ayr, 6 Miller Road.

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