KIMELIND LTD

Executive Summary

KIMELIND LTD presents a low financial risk profile supported by steady growth in working capital and net assets, alongside consistent regulatory compliance. The company operates on a micro scale with a concentrated ownership structure, which requires monitoring from a governance perspective. Further review of operational cash flows and client stability is recommended to validate ongoing business sustainability.

KIMELIND LTD - Analysis Report

Company Number: 12512627

Analysis Date: 2025-07-29 13:05 UTC

1. Risk Rating: LOW
   The company demonstrates healthy net current assets, consistent growth in net assets and shareholder funds over the past five years, and timely filing compliance. The micro-entity status suggests a small operation with limited complexity, reducing risk exposure.

2. Key Concerns:

• Limited scale of operations with only 2 employees and micro-entity financials, which could constrain operational resilience and scalability.
• Reliance on a small shareholder base (notably one PSC holding 25-50%) could increase governance risk if key individuals depart or become incapacitated.
• Minimal fixed assets (£346 in 2024) indicating limited tangible capital; this could impact borrowing capacity or asset-backed financing options.

3. Positive Indicators:

• Consistent increase in net current assets from £4,510 in 2020 to £25,415 in 2024, indicating improved liquidity and working capital management.
• Positive net assets and shareholder funds growth (from £4,510 in 2020 to £25,577 in 2024) signals retained profits or capital injections supporting solvency.
• No overdue filings or compliance issues noted, reflecting good regulatory adherence and governance discipline.
• Active website and multiple industry classifications suggest diversified service offerings in engineering, metal treatment, and management consultancy.

4. Due Diligence Notes:

• Review detailed profit and loss statements and cash flow data to confirm sustainable revenue streams and cash generation capacity beyond balance sheet snapshots.
• Investigate shareholder agreements and succession plans due to concentrated ownership and directorial overlap.
• Assess customer base and contract pipeline to understand operational stability and growth prospects in niche industrial services.
• Verify VAT registration status and tax compliance given active commercial presence.
• Confirm no undisclosed liabilities or contingent risks given small scale and limited asset base.