Direct Kit Ltd

Direct Kit Ltd is a small, active company based in Reading, UK, established six years ago in March 2019. With a real address and just one employee, the company holds £118,558 in assets and is managed by a single director and owner. It operates in the retail sale of clothing in specialised stores, and is an irregular importer, with its top import category being Leather goods, travel bags, and animal harnesses, totaling 2 months of imports. The last import operation was conducted on November 01, 2024.

The company’s website is currently unavailable, so it’s difficult to determine the extent of its online presence or e-commerce activities. It's unclear if they operate a dedicated online store or rely solely on wholesale channels.

Financially, Direct Kit Ltd shows a mixed picture. While net assets grew by a respectable 32% to £85,000, cash reserves took a hit, dropping 52% to £32,000. Trade debtors increased significantly by 110%, which could indicate either increased sales on credit or potential difficulties in collecting payments. Interestingly, creditors also decreased by 36%, suggesting improved debt management. 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 cash reserves warrants attention. The increase in average employees during the period, from 1 to 2, could be a sign of growth, or perhaps a temporary staffing adjustment. There’s no mention of an auditor, which is common for small companies exempt from an audit.

Registered in England/Wales under the registration number 11906081, with a registered address at RG1 7HL, England, Reading, 126 Great Knollys Street.

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