Katanamart Ltd

Katanamart Ltd from Romford UK: small company, active status, founded 6 years ago, 1 employee, £327,528 assets, virtual address, 1 director, 2 owners, e-commerce site. It's a small business, meeting two of three conditions to be classified as such: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company was incorporated six years ago on September 26, 2018, and currently has just one employee. The address is likely virtual, as ninety-seven companies are registered at the same location.

Katanamart Ltd operates an e-commerce site specializing in the sale of samurai swords and related items. The website showcases a wide range of products, including handmade katana swords, practical swords, Damascus swords, and even collectible mini katanas and samurai pens. They also offer bokken (wooden swords), training sets, and martial arts clothing, catering to enthusiasts and practitioners of various disciplines like iaido, karate, and kendo. The site even features a blog with articles on topics like carrying a katana and the spirituality of iaido, suggesting a desire to educate and engage its customer base. It seems they are also involved in selling high-end swords and related items, with a focus on quality and craftsmanship.

Financially, Katanamart Ltd shows a mixed picture. While bank reserves increased by a significant 360% to £10,000, creditors have risen sharply by 230% to £290,000. Current assets have also increased by 210% to £330,000, but net current assets liabilities have increased by 140% to £40,000. Trade debtors have doubled to £300,000. The company’s small size and lack of an auditor (likely exempt as a small company) means the figures are unaudited. It’s a bit concerning that creditors are so high, but the increase in assets suggests the business is growing, even if it’s relying on credit to do so. The company’s reliance on a virtual address, combined with the fluctuating financials, suggests a business that is still finding its footing.

Registered in England/Wales under the registration number 11590523, with a registered address at RM7 7DN, England, Romford, Essex, Riverside House, 1-5 Como Street.

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