Kaysgiftstore Ltd
- Small
- Active
- 2 years
- Virtual address
- 1 director
- 1 owner
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Kaysgiftstore Ltd is a small, active company based in London, UK, founded two years ago in March 2023. It operates as a solo-founded business with one director and one owner, utilizing a virtual address shared by over 10,000 other companies. The company’s primary focus is retail sale via mail order houses or via internet, and it’s currently listed as having no employees.
The company's website, Kaysgiftstore, presents a curated selection of gifts and essentials, promising "more than gifts, all you may need under one roof!" The site features a clean, modern design with clear navigation, encouraging visitors to "Shop Now" and explore its offerings. It’s clearly aiming for an e-commerce presence, with a focus on creating "beautiful moments" through its products.
Financially, Kaysgiftstore Ltd presents a picture of a company struggling to gain traction. Net assets are currently at -£2,400, a significant negative figure. Cash on hand is a modest £23, and bank borrowings are a steady £2,500. While creditors remain consistent at £2,500, the lack of cash and negative equity suggest a company burning through money. The company meets the criteria for a small business, with turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The accounts are described as "filleted accounts" and are unaudited, which is common for small companies. No auditor is mentioned.
It's clear that while Kaysgiftstore Ltd has a well-designed website and a clear vision, it faces financial challenges. The negative equity and low cash reserves are concerning, and the company will need to find ways to increase revenue and manage expenses to achieve sustainable growth.
Registered in England/Wales under the registration number 14773196, with a registered address at EC2A 4NE, United Kingdom, London, England, 86-90 Paul Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Akintelure Omowunmi Sadia
- 2 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Akintelure Omowunmi Sadia
- 2 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six days ago.
Last news
-
Confirmation statement made on 2025-03-30 with updatesDownload 4 pages pdf report
-
Total exemption full accounts made up to 2024-03-31Download 6 pages pdf report
-
Compulsory strike-off action has been discontinuedDownload 1 page pdf report
FAQ about Kaysgiftstore Ltd
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