Kaynn Ltd

Kaynn Ltd from Morden UK: small company, active status, founded 11 years ago, virtual address, 2 directors, 2 owners, family business. It’s a private limited company registered in England/Wales with the registration number 08534383. The company was founded eleven years ago on May 17, 2013, and registered at SM4 6HY, England, Morden, 65 St. Helier Avenue. The address is probably virtual as twenty five companies registered at the same address. Its status is active. The company operates in the retail sale via mail order houses or via internet, the advertising agencies, the renting and leasing of recreational and sports goods industries. Officially, it has two owners or PSCs, two directors and no number of employees published.

The company’s website is currently unavailable, so it’s difficult to determine the specifics of its online presence. However, the listed industries—retail, advertising, and recreational goods—suggest a diverse range of activities. It's likely Kaynn Ltd operates primarily through online channels, given the lack of a physical storefront mentioned in the report. It’s possible they also engage in some form of mail-order business, but the focus seems to be on digital sales.

Financially, Kaynn Ltd presents a mixed picture. Current assets decreased by a significant 24% to just £730, while net assets plummeted 73% to -£5400. Cash reserves vanished completely, dropping 100% to zero. Bank borrowings increased by 17%, reaching £5400. On the positive side, creditors decreased by 17%, which could indicate better management of short-term debts. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in equity raises concerns. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s directors, Abis Marco and Abis Luca, have held their positions for eleven years, suggesting a stable leadership structure. However, the lack of employees and the negative equity point to a business potentially struggling to generate sustainable profits. The family business nature could provide resilience, but the financial data suggests Kaynn Ltd is facing challenges.

Registered in England/Wales under the registration number 08534383, with a registered address at SM4 6HY, England, Morden, 65 St. Helier Avenue.

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