K2 Interiors (uk) Ltd

K2 Interiors (uk) Ltd is a small, active family business based in Bedford, UK, established eleven years ago in December 2013. With two employees and £26,137 in assets, it operates from a real address and is overseen by three directors and two owners. The company is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with its last import activity recorded over a year ago in December 2022.

The company’s website showcases its focus on residential and office refurbishment services in London. K2 Interiors positions itself as an experienced team capable of handling all aspects of refurbishment, emphasizing high standards and client satisfaction. They highlight their expertise in loft conversions and extensions, and boast a commitment to personalized service and stress-free project management. The site features testimonials praising their attention to detail and professionalism, and outlines their capabilities in both residential and commercial projects.

Financially, K2 Interiors (uk) Ltd presents a concerning picture. Current assets have plummeted by a staggering 61%, falling to -£5,700, while net assets have also seen a dramatic decline, dropping 91% to just £2,000. Cash reserves have been decimated, falling 63% to £4,500. Debtors have shrunk considerably, decreasing by 87%, but creditors have also fallen, suggesting a need for better cash flow management. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the sharp decline in equity and the negative net current assets raise serious questions about its financial health. No auditor is mentioned, which is common for small, exempt companies.

The significant drop in assets and cash, combined with the increase in corporation tax payable, suggests K2 Interiors is burning through money. While the refurbishment business appears well-regarded, the financial data indicates a need for careful management and potentially a change in strategy to ensure its long-term viability.

Registered in England/Wales under the registration number 08811754, with a registered address at MK45 4NH, England, Bedford, 5 Churchill Road, Barton-Le-Clay.

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