Kinfolk Workshop Ltd

Kinfolk Workshop Ltd is a small, active company based in Woodbridge, UK, founded two years ago. It's a family business with two directors and owners, operating an e-commerce site selling candles, diffusers, and other homeware. The company's registered address is real, with only one other business registered there. With £2,268 in assets, it's a modest operation, meeting two of three conditions to be classified as small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The website, Kinfolk Studio, showcases a range of handcrafted, earth-kind fragrances and homeware. It operates primarily as an online store, offering a variety of products like candles, diffusers, room sprays, and wax melts. The site highlights customer favorites, offers gift sets, and even hosts a popup shop at John Lewis Ipswich during the Christmas season. The site is well-designed, with a blog, product care information, and a focus on customer service.

Financially, Kinfolk Workshop Ltd’s recent performance presents a mixed picture. While cash bank on hand remains steady at £2,000, net assets have sunk to -£1,700, and net current assets liabilities are a significant -£12,000. Trade debtors are a modest £320, but creditors have remained at £15,000. The company’s small size and lack of employees (zero reported) suggest a lean operation, but the negative equity and substantial liabilities raise concerns. The unaudited accounts, prepared using VT Final Accounts software, are exempt from an audit due to the company’s size. The company’s description of its principal activities is missing from the report, which is a bit strange.

Registered in England/Wales under the registration number 14715402, with a registered address at IP13 9FJ, United Kingdom, Woodbridge, Suffolk, 21 Dowsing Road, Framlingham.

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