Kiori Studio Ltd

Kiori Studio Ltd, based in London, UK, is a small, active company established six years ago. With two employees and £42,304 in assets, it operates from a real address and is managed by one director and owner. The company regularly imports straw or plaiting material products (three months of activity) and occasionally exports special woven and decorative fabrics (one month of activity). It's a small business, meeting two of the three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website showcases a diverse range of services, from knitwear and crochet classes to bespoke production and sourcing. It’s clear that Kiori Studio Ltd is more than just a retail operation; it’s a design agency offering consultancy, tailoring, and personalization services. The site also highlights a range of products, including accessories, leather goods, and embroidery, suggesting a focus on handcrafted and custom-made items. The website’s design and layout give the impression of a creative studio catering to a niche market. It doesn’s appear to be a large-scale ecommerce operation, but rather a showcase for services and a potential point of contact for bespoke orders.

Financially, Kiori Studio Ltd’s recent performance reveals some concerning trends. While bank borrowings decreased by 31%, cash reserves plummeted 73% to just £7,200. Creditors also increased significantly, rising by 260% to £72,000 within a year. The company’s net assets declined by 33% to -£130,000, a substantial loss. Average employee numbers have doubled, from two to four, which could be a positive sign of growth, but it also means increased overheads. The company’s small size and lack of an auditor (likely exempt as a small company) mean the figures are unaudited, and there's a reliance on director-reported data.

In short, Kiori Studio Ltd appears to be facing financial pressures. While the business model seems creative and potentially lucrative, the recent decline in cash reserves and increase in creditors suggest it's burning through money. The increased employee count could be a sign of expansion, but it also adds to the financial strain.

Registered in England/Wales under the registration number 11836514, with a registered address at N15 4QQ, United Kingdom, London, Unit 7c Gaunson House, Markfield Road.

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