Elite Koi Limited

Elite Koi Ltd, based in Retford, UK, is a small, active company founded eight years ago in 2016. With three employees and £108,101 in assets, it operates from a virtual address and is led by a solo founder and director. The company’s Google rating is a perfect 5.0 from 85 reviews, and it runs an e-commerce site specializing in koi carp and related supplies. It's an irregular importer, bringing in ceramic products for about a month each year, with the last import occurring in August 2023.

The website, elitekoi.co.uk, showcases a wide range of koi for sale, along with pond pumps, air pumps, treatment products, and other essential supplies. It positions itself as an experienced, family-run dealer, emphasizing excellent customer service and a commitment to being a leading koi retailer in the UK. The site also features a blog with articles on koi care and pond maintenance, and a live Japanese koi auction held every Saturday.

Financially, Elite Koi Ltd shows some concerning trends. Accumulated depreciation for computer equipment increased by 37%, while furniture fittings saw a 40% jump. Bank borrowings decreased slightly, but cash reserves increased significantly by 120% to £34,000. Creditors, however, rose by a substantial 46% to £160,000. The company’s size—meeting two of three criteria for a small company—helps it remain flexible, but the increase in creditors and the decrease in equity (-£3,700) suggest potential cash flow pressures. The company is exempt from an audit, so the financial data is unaudited.

While the e-commerce site appears to be thriving, the financial figures indicate a need for careful management. The increased reliance on debt and the decrease in equity could pose challenges in the long run, but the strong Google rating and active online presence suggest a loyal customer base.

Registered in England/Wales under the registration number 10317781, with a registered address at DN22 7GR, England, Retford, Nottinghamshire, Office 5 Rec 2 Retford Enterprise Centre, Randall Way.

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