Kimaï Ltd

Kimaï Ltd, based in London, UK, is a small, active company founded six years ago in 2018. With seven employees and £1,435,453 in assets, it operates from a real address and is led by two directors and two owners. The company runs an e-commerce site specializing in jewelry, precious stones, and metals, regularly importing these items for 13 months and exporting them for four months.

The website, Kimaï, showcases a curated collection of lab-grown diamonds and recycled gold fine jewelry. It highlights a commitment to transparency and sustainability, offering engagement rings, wedding bands, and personalized pieces. The site also features a blog with educational content about diamonds and ethical sourcing, emphasizing a modern, conscious consumer.

Financially, Kimaï Ltd presents a mixed picture. While net assets increased by a substantial 93% to £1.8 million, cash reserves also grew by 39% to £600,000. However, bank borrowings increased by 63% to £360,000, and trade debtors jumped a staggering 220% to £670,000—a potential sign of delayed customer payments. Creditors, however, decreased by 41%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in borrowings warrants attention. There's no auditor mentioned, likely due to the small company status, so the figures are unaudited.

The company’s growth in assets and cash is encouraging, but the surge in trade debtors and increased bank borrowings suggest it may be burning through money faster than anticipated. The focus on sustainable practices and a strong online presence, however, positions Kimaï Ltd well to capitalize on the growing demand for ethical and transparent jewelry.

Registered in England/Wales under the registration number 11545199, with a registered address at W1U 7QE, England, London, 24 Chiltern Street.

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