Kesser Hats Ltd

Kesser Hats Ltd is a small, active company based in London, UK, established ten years ago in 2015. Employing four people and holding £127,168 in assets, it operates a real address and is led by one director and owner. The company runs an e-commerce site and regularly imports headgear and accessories, with a recent import activity recorded four months ago.

The company's website, Yeshivish Hats, showcases a range of hats and Yarmulkas, targeting a specific religious market. It emphasizes honesty and quality, offering free U.S. shipping on qualifying orders and featuring customer testimonials. The site also highlights a separate division focused on piano restoration, suggesting a diverse business portfolio.

Financially, Kesser Hats Ltd presents a mixed picture. Current assets have decreased by 20% to £130,000, while net assets have dropped 60% to -£110,000—a significant swing. Bank borrowings have fallen by 13%, and cash reserves have plummeted 96% to a mere £720. Creditors have also decreased by 13%, which could indicate better debt management. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the sharp equity decline is a concern. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

In essence, Kesser Hats Ltd is navigating a period of financial strain, despite its active e-commerce presence and specialized market focus. The piano restoration side, meanwhile, appears to be thriving, offering a contrast to the more modest hat retail operations. It’s unclear if these two ventures can mutually support each other in the long run, but for now, Kesser Hats Ltd is relying on its niche market and customer loyalty to weather the storm.

Registered in England/Wales under the registration number 09421898, with a registered address at N16 5HJ, England, London, 7 New Court, 210 Lordship Road.

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