Kiraku Limited

Kiraku Ltd from Frome UK is a small, active company founded thirteen years ago in 2011. With two employees and £196,186 in assets, it operates from a real address and is overseen by one director and one owner. The company regularly imports clothing and accessories – not knitted or crocheted – with 17 months of import activity recorded, the last in December 2023. It also exports cotton products, but only irregularly, with just one month of export activity as of October 2019.

The company’s website, Kiraku Limited, currently displays a notice stating that new orders are temporarily unavailable, indicating a pause in online sales. This suggests a potential shift in strategy or temporary operational challenges. It's a retail sale of clothing in specialised stores.

Financially, Kiraku Ltd’s numbers show a mixed picture. Current assets have decreased by 32%, dropping to £200,000, while net assets have plummeted 14%, falling to -£230,000. Cash reserves have also taken a hit, declining 48% to £39,000. Creditors, however, have decreased by 14%, suggesting improved debt management. Bank borrowings have increased by 8.3%, reaching £240. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible, but the significant equity decline is concerning. There is no auditor mentioned, which is likely due to its status as a small company.

Despite these challenges, the company’s continued import activity suggests ongoing operations, even if sales are temporarily suspended. The director’s commitment and proactive approach towards supporting the company’s operations, as stated in the financial report, are encouraging.

Registered in England/Wales under the registration number 07735207, with a registered address at BA11 2FB, England, Frome, Unit L7 Marshall Way, Commerce Park.

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