Kirpa Developments Limited

Kirpa Developments Limited, based in Wigston, UK, is a small, active company founded four years ago. With two employees and £837,643 in assets, it operates as a solo-founded e-commerce business under the direction of a single director and owner, Dulai Sarjan Singh. The company’s registered address is real, with only five other companies registered at the same location.

The company’s website indicates a focus on retail sales via mail order and the internet, acting as agents involved in the sale of textiles, clothing, fur, footwear, and leather goods. It’s a fairly standard online retail operation, seemingly targeting a broad range of fashion and accessory items.

Financially, Kirpa Developments Limited presents a mixed picture. While current assets increased by 47% to £840,000, equity plummeted by an astonishing 1,500% to -£620,000. This dramatic drop in equity, coupled with a 140% increase in creditors to £1.5 million, suggests the company is burning through cash rapidly. Trade debtors have also surged by 2,200%, which could indicate difficulties in collecting payments from customers. On a positive note, cash bank on hand increased by 19% to £1,600. The company's small size—meeting two of three conditions for being classified as small—allows for flexibility, but the significant losses are concerning. There is no auditor mentioned, which is typical for small companies exempt from an audit.

The rapid increase in debt and the substantial equity decline suggest Kirpa Developments Limited is facing financial challenges. It's possible the company is investing heavily in growth, but the current trajectory indicates a need for careful management and a focus on improving cash flow.

Registered in England/Wales under the registration number 13253610, with a registered address at LE18 4ZH, United Kingdom, Wigston, Leicestershire, Unit 1 Magna Road.

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