K-galore Ltd

K Galore Ltd from Harrow UK: a small, active company founded four years ago, boasts £972 in assets, operates from a real address, and is managed by one director and one owner, running an e-commerce site. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

The company’s website, Fabrics Galore London, is a vibrant online fabric shop offering a massive selection – over 2,000 fabrics in stock! It caters to dressmakers, quilters, and home furnishers, with a huge variety of fabrics from bamboo to wool, and designer options like Liberty and Cath Kidston. The site also highlights its commitment to fast UK delivery, and even offers a cheeky treat to customers. The business also boasts a 5254 Lavender Hill address in Battersea, London.

Financially, K-Galore Ltd’s recent accounts present a mixed picture. Current assets have fallen significantly, dropping 71% to just £970, while net assets have also taken a hit, decreasing 24% to -£8,900. Cash reserves are down a staggering 97%, leaving just £100. Creditors, however, have decreased by 6.3%, suggesting a bit of improved debt management. The company’s small size helps it remain flexible, but the sharp decline in equity raises concerns. With no auditor mentioned, the figures are unaudited.

It seems K-Galore Ltd is navigating a challenging period, despite its popular online presence. The drop in assets and cash reserves is notable, but the decrease in creditors offers a glimmer of hope. The company's future will likely depend on maintaining its strong online sales and managing its finances carefully.

Registered in England/Wales under the registration number 13122681, with a registered address at HA2 9PQ, England, Harrow, 47 Exeter Road.

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