Kal Clothing Ltd

Kal Clothing Ltd, based in Manchester, UK, is a small, active company founded nine years ago. With a single employee and £48,151 in assets, it’s a lean operation managed by one director and owner. The business enjoys a stellar 5.0 Google rating based on two reviews, suggesting strong customer satisfaction. The company operates in the retail sale via mail order houses or via internet industries.

The company’s website, while not detailed, points to a focus on clothing supply. It’s a private limited company registered in England/Wales, and the address is real, with only one other company registered there. The business is small, meeting two of three conditions for classification: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Financially, Kal Clothing Ltd presents a mixed picture. Cash bank on hand has decreased by 19%, dropping to £37,000, while creditors have also fallen, decreasing by 8.9%. However, retained earnings and accumulated losses have plummeted, resulting in a significant net asset liability of -£2,600. Trade debtors have increased by 170%, which could indicate delayed payments or an expansion of credit terms. The company’s property, plant, and equipment have increased by 67%, suggesting investment in its operations. The lack of an auditor is typical for a small company, and the accounts are unaudited.

Overall, Kal Clothing Ltd appears to be navigating a period of change. While it maintains a positive online reputation, the decrease in retained earnings and the increase in trade debtors suggest potential financial pressures. Whether these are temporary fluctuations or longer-term challenges remains to be seen, but the company’s small size and strong customer reviews offer some resilience.

Registered in England/Wales under the registration number 09997153, with a registered address at M22 5RN, England, Manchester, 5 Hale Top, Civic Centre, Wythenshawe.

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