Kick Drip Ltd

Kick Drip Ltd is a small, active company based in Hertfordshire, UK, founded three years ago in November 30, 2021. The company, with £37,048 in assets, operates an e-commerce site specializing in team apparel and gear, primarily for schools and clubs in the Texas Hill Country. It's a family-run operation with one director and owner, Shahabadi Farzad, and a virtual address registered at a location shared by ninety-two other companies.

The website, Kickmydrip.com, showcases a range of apparel—shirts, hoodies, scarves—featuring designs for local schools and clubs. It emphasizes local production and premium quality, targeting a community-focused market. The site also highlights a “White Hats” promotion, suggesting limited-edition or exclusive items. The business model appears to be direct-to-consumer, with a focus on custom designs and local pride.

Financially, Kick Drip Ltd presents a mixed picture. While the company is small, meeting two of three criteria for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 10 employees), its equity is negative at -£13,000. Cash reserves are stable at £4,000, but bank borrowings have increased significantly to £29,000. Creditors are also substantial at £50,000, and trade payables are £2,900. The company's net current assets are negative, indicating a potential strain on short-term obligations. With no auditor mentioned, the figures are unaudited.

The company's financial situation suggests it's burning through cash, likely a common challenge for growing e-commerce startups. While the website shows a strong brand and community focus, the negative equity and reliance on bank borrowings raise concerns about long-term sustainability.

Registered in England/Wales under the registration number 13747972, with a registered address at EN4 8SB, England, Hertfordshire, 207 Crescent Road, Barnet.

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