Katchy Ltd

Katchy Ltd from Slough, UK, is a small, active company founded three years ago. It has just £1 in assets, a real address, and is run by a single director and owner – the solo founder. The company operates in the retail sale via mail order houses or via internet industries.

Katchy Ltd’s website reveals a more expansive operation than initially apparent. It’s a bureau de change, offering currency exchange services across multiple countries including Nigeria, Ghana, Togo, the United Arab Emirates, Hong Kong, and Vietnam. The site lists physical offices in Lagos, Abuja, Onitsha (Nigeria), Accra (Ghana), Lomé (Togo), and Dubai (UAE), each providing exchange rates and contact details. It’s clear that Katchy Ltd isn’s just an online retailer; it’s a currency exchange business with a physical presence in several countries. The site prominently features WhatsApp and Telegram contact information for real-time exchange rates, suggesting a focus on quick and convenient transactions.

Financially, Katchy Ltd presents a peculiar picture. Current assets are a mere £1, a significant drop from previous years. Bank borrowings are also at zero, and cash reserves are the same. While creditors are also zero, the company’s small size (meeting two of three conditions for a small company) helps it stay nimble. There’s no auditor mentioned, so the figures are unaudited. The company’s sole director and owner, Shahid Muhammad Yasin, appears to be managing all aspects of the business. It’s a very small operation, and the minimal assets raise questions about its long-term sustainability.

Registered in England/Wales under the registration number 13430953, with a registered address at SL1 2LP, United Kingdom, Slough, Berkshire, Flat 6 63 Chalvey Road East.

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