Kernow Hamper Store Limited

Kernow Hamper Store Limited, based in Liskeard, UK, is a small, active company founded four years ago. With three employees and £123,257 in assets, it operates as an e-commerce site specializing in Cornish hampers. The company's registered address is a virtual one, shared by twelve other businesses, which is a bit unusual. It's led by one director and has two owners, though the list of owners might not be exhaustive.

The company’s website, The Cornish Hamper Store, showcases a range of Cornish treats, from cream teas and pasties to cheese and charcuterie hampers. Customers can even build their own hamper and enjoy free delivery. The site is well-designed, with clear product descriptions, high-quality images, and a user-friendly checkout process. It also offers Easter delivery and a welcome discount for new customers.

Financially, Kernow Hamper Store Limited is showing some concerning trends. While cash reserves increased by a respectable 58%, net assets decreased by a significant 43%, leaving the company with a negative equity of -£55,000. Bank borrowings have been reduced, which is good, but trade debtors have also decreased, which could be a sign of slower payments. Creditors have also decreased, which is a positive sign, but other debts have increased. The company meets the criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 3 employees. With no auditor mentioned, the figures are unaudited.

Overall, Kernow Hamper Store Limited appears to be facing some financial challenges despite its active e-commerce presence. The decrease in equity suggests the company may be burning through cash, although the increase in cash reserves indicates some improvement. Whether the company can maintain its growth and profitability in the long term remains to be seen.

Registered in England/Wales under the registration number 12897850, with a registered address at PL14 5PJ, England, Liskeard, Heather House Caradon Hill, Pensilva.

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