Kiddies Palace Ltd

Kiddies Palace Ltd from Manchester UK: a small, active company established 11 years ago, employs just one person, and holds £20,457 in assets. It’s a solo-founded venture with two directors overseeing operations, boasting a stellar 5.0 Google rating from 17 reviews. The company regularly imports clothing and accessories made by knitting or crocheting, with recent activity recorded just four months ago.

The company operates as a children’s designer clothing store in Swinton, Manchester, and its website, KPDesignerwear, showcases a range of brands like Agatha Ruiz De La Prada and Moschino. It seems to be a brick-and-mortar store with a strong online presence, offering both in-person shopping and online orders. The website highlights a decade of experience and a focus on providing high-quality children's fashion for ages 12 months to 16 years.

Financially, Kiddies Palace Ltd shows some concerning trends. Current assets have dropped by a significant 18%, falling to £20,000, and net assets have plummeted 52%, now standing at -£17,000. Bank borrowings have increased, and cash reserves are down. While creditors have also decreased, this decline in equity is a red flag. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible, but the drop in equity suggests it’s burning through money. No auditor is mentioned, so the figures are unaudited.

Overall, Kiddies Palace Ltd appears to be a well-regarded local business, but its financial health is a cause for concern. The company’s ability to maintain its reputation and continue operations will depend on its ability to improve its financial performance.

Registered in England/Wales under the registration number 08816760, with a registered address at M27 6AY, Manchester, 375 Chorley Road, Swinton.

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