Kaz By De Unique Limited

Kaz By De Unique Limited, based in Tilbury, UK, is a small, active company founded just four years ago in 2021. With a real registered address and just one employee, it’s a solo-founded operation run by a single director and owner, Yusuf Abbey. The business operates in the retail sale via mail order houses or via internet industries, and it’s been registered as a beauty product supplier.

The company's website, while not provided, likely showcases a range of beauty products available for online purchase. It’s a small operation, meeting two of three conditions to be considered small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. It’s a real address, with only one other company registered at the same location.

Financially, Kaz By De Unique Limited has seen a significant downturn. Turnover has plummeted from £32,000 to just £1,900 – a decrease of 94%. Operating profit loss has worsened from -£3,700 to -£68. Cash reserves are low, and bank borrowings have increased. Administrative expenses have decreased significantly, however, which is good. The company’s net assets are stable at £1. It's worth noting that the company is exempt from an audit, so the financial statements are unaudited.

The company’s reliance on a single employee, who also serves as director and company secretary, suggests a lean operation. The significant drop in revenue, however, raises concerns about the company’s long-term viability. While the business may be agile due to its small size, it needs to find a way to boost sales and improve profitability to avoid further financial strain.

Registered in England/Wales under the registration number 13143460, with a registered address at RM18 7BT, England, Tilbury, 187 Dock Road.

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