Kinchadesigns Ltd

Kinchadesigns Ltd from London UK: small company, active status, founded 5 years ago, £7,113 assets, virtual address, 2 directors, 1 owner, solo founder, google rating 5.0 based on 6 reviews. It’s a small business, meeting two of three conditions to qualify: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company operates in the retail sale via stalls and markets of textiles, clothing and footwear, the retail sale via stalls and markets of other goods, and the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, two directors, and no number of employees published.

The company’s website, Kinchadesigns, appears to be an online jewellery store, with a focus on handmade and vintage pieces. While the website is simple, it showcases a range of necklaces, earrings, and bracelets, with a clear emphasis on unique designs and affordable prices. There's no clear indication of a separate e-commerce platform, suggesting the business may rely on social media or marketplaces like Etsy to process sales. It’s likely that the business is small-scale, with a focus on craftsmanship and personal service.

Financially, Kinchadesigns Ltd presents a mixed picture. Current assets increased significantly by 120% to £7,100, while equity jumped 340% to £4,900. This suggests a period of growth, perhaps driven by increased sales or improved cash flow management. However, loans from directors plummeted by 98%, indicating a possible reduction in external funding. Tax payable increased dramatically by 7,900% to £2,000, which could be a temporary blip or a sign of increased profitability. The company’s small size helps it remain agile, but the changes in liabilities raise questions about its long-term sustainability. There was no auditor mentioned, meaning the figures are unaudited.

Overall, Kinchadesigns Ltd seems to be a promising small business with a clear focus on handmade jewellery. While the financials show some volatility, the increase in assets and equity suggests a period of growth. It’s likely that the company is still navigating the challenges of a startup, but its strong Google rating and unique product offering position it for continued success.

Registered in England/Wales under the registration number 12291718, with a registered address at EC1V 2NX, United Kingdom, London, 128 City Road.

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