Katana Ltd

Katana Ltd is a small, active company based in Warwick, UK, founded thirteen years ago in 2012. With just one employee and £62,179 in assets, it operates from a virtual address shared by twenty-five other companies, raising some questions about its physical presence. Owned and directed by Crisp Trevor Paul, the company is a specialist in the restoration of classic Porsche vehicles, particularly the 956 and 962 models. Its website details a world-class restoration service, boasting work for the famous Historic Porsche Collection and even a showroom presence in Harrods, London. While it imports machinery and mechanical appliances sporadically, it regularly exports vehicles, parts, and accessories – a core part of its business.

The company's website paints a picture of a heritage business focused on high-end restoration and sales. It’s clear that Katana Ltd is more than just a simple importer/exporter; it's a specialist in a niche market. The website highlights the company’s expertise, showcasing impressive restoration projects and a commitment to quality.

However, a review of the financial data reveals a concerning trend. Current assets have plummeted 67%, dropping from £190,000 to just £62,000. This is a significant decrease, and net assets have also fallen sharply, down 28% to £64,000. Bank borrowings have been reduced by 44%, which is positive, but cash reserves have also taken a hit, falling 82% to £25,000. Trade debtors have increased by 47%, which could be a sign of difficulties in collecting payments. The company's small size (meeting two of three criteria for being a small company) means it’s likely exempt from an audit, so the figures are unaudited.

Overall, Katana Ltd appears to be facing financial headwinds. While its specialist business and high-end restoration work suggest a strong brand and potential for growth, the sharp decline in assets and cash reserves raises concerns. The company’s reliance on a virtual address, while common, does add another layer of complexity to its operations.

Registered in England/Wales under the registration number 07993188, with a registered address at CV34 4EW, Warwick, Warwickshire, 8 Jury Street.

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