Kat's Fabrics Ltd

Kat’s Fabrics Ltd is a small, active company based in Rochester, UK, founded five years ago in 2019. It’s a solo-founded operation with one director and owner, Szczudlik Katarzyna Joanna, and operates an e-commerce site. The company’s registered address is real, with only one other company registered at the same location. It’s a small business, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The website, Kat's Fabric Korner, is a vibrant online and instore shop selling quality fabrics, bundles, and longarm rental services. It features a wide selection of fabrics from well-known designers like Jen Hewett and Moda Gingiber, catering to quilters and crafters. The site also promotes open sewing days and events, and offers directions and gift cards. It's clear the company is focused on providing a welcoming and comprehensive experience for fabric enthusiasts.

Financially, Kat’s Fabrics Ltd is facing some challenges. Cash bank on hand has decreased by 14%, dropping to £42. Creditors have fallen by 18% to £9,800, and loans from directors have also decreased by 18% to £9,800. However, net assets and liabilities have also fallen by 18% to -£9,700, and the company is reporting a loss. The lack of employees (zero reported) suggests a lean operation, but the decline in equity raises concerns. The accounts are unaudited, and no auditor is mentioned, which is typical for a small company.

Overall, Kat’s Fabrics Ltd appears to be a passion project facing the usual pressures of a small business. While the website and product selection are appealing, the financial data suggests a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 12222293, with a registered address at ME2 2GU, England, Rochester, Flat 5 , Arun House, Silver Streak Way.

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