Kippa.group Ltd

Kippa.group Ltd is a small, active company based in London, UK, founded two years ago in January 2023. It operates from a virtual address – a fact highlighted by the presence of 10,768 other companies registered at the same location – and is led by a single director and owner, Salmon Ian, who also acts as the solo founder. The company’s core business involves retail sale via mail order houses or via internet.

The company’s website, Kippa BID LTD, reveals a fascinating and somewhat unexpected focus: improving the Kimpton Industrial Park in Sutton. Rather than a traditional e-commerce platform, Kippa BID acts as a Business Improvement District (BID), working to keep the park safe by preventing crime and collaborating with local authorities to enhance the business environment. Activities include night patrols, CCTV maintenance, wayfinding signage, and even funding infrastructure projects. The website showcases recent initiatives like providing a fourth car for the police and implementing new operating agreements. They also provide newsletters to their members.

Financially, Kippa.group Ltd presents a picture of a company struggling to gain traction. Net assets currently sit at a negative £180, and cash bank on hand is a modest £230. While loans from directors remain steady at £48, accrued liabilities and creditors are also at £360 and £410 respectively. The company meets the criteria for a small business – with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees – and is exempt from an audit, relying on unaudited accounts. The lack of employees (zero reported) suggests a lean operation, but the negative equity and low cash reserves raise concerns. The accounts are prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.

Registered in England/Wales under the registration number 14604499, with a registered address at EC2A 4NE, United Kingdom, London, England, 86-90 Paul Street.

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