Ki Martial Arts Limited

Ki Martial Arts Limited, based in Plymouth, UK, is a small, active company established 23 years ago. Employing twelve people and holding £454,770 in assets, it operates from a virtual address – a point to note as forty companies are registered at the same location. The business is a family affair, overseen by three directors and two owners, and functions as both a regular importer and exporter of toys, games, and sports equipment. It's a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The company’s website is not available, making it difficult to determine if it operates an e-commerce site. However, the business description suggests a focus on retail sale of new goods in specialised stores, likely catering to martial arts enthusiasts.

Financially, Ki Martial Arts Limited presents a mixed picture. Cash bank on hand has decreased by a significant 54%, falling to £5,900. Creditors have also decreased by 44%, down to £140,000, which could indicate improved debt management. However, trade debtors have increased by 10%, reaching £310,000, suggesting potential delays in customer payments. The company's net assets have increased by 31%, reaching £300,000. Borrowings have dramatically reduced by 71%, down to £24,000. It's worth noting that the accounts are unaudited, relying on director-reported data.

The company’s tax expense has increased by 34%, and its net losses have deepened. The company is likely exempt from an audit due to its small size, and the figures are based on unaudited accounts.

Registered in England/Wales under the registration number 04262026, with a registered address at PL4 6HH, Plymouth, Devon, 6 Houndiscombe Road.

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