Kitchen World Tools Ltd

Kitchen World Tools Ltd from Eastbourne UK: small company, active status, founded 4 years ago, 1 employee, £8,142 assets, real address, 1 director, 2 owners, solo founder, e-commerce site. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £8,142. The company operates in the retail sale via mail order houses or via internet industries.

Kitchen World Tools Ltd is an e-commerce business specializing in cookware, cutlery, and kitchen tools. Its website showcases a wide range of products, from cookware sets and knives to bakeware and small appliances, catering to both home cooks and professional chefs. The site is well-organized, with clear categories and a user-friendly interface, and even offers a selection of barware and dinnerware. It's clear they're trying to be a one-stop shop for all kitchen needs.

Financially, Kitchen World Tools Ltd presents a mixed picture. While the company has £8,142 in assets, net assets are a negative £22,000. Cash reserves have fallen by 34% to £8,100, and bank borrowings have increased by 26% to £2,000. Creditors have decreased by 7.1%, which is a positive sign. The single employee and small size (meeting two of three conditions for a small company) suggest a lean operation, but the negative equity raises concerns about long-term viability. There's no auditor mentioned, so the figures are unaudited.

The company’s director, Latu Silvia, appears to be managing the business, and the two owners, Latu Silvia and Apostol Sergiu-florian, hold a combined stake. While the business seems active, the financial data suggests it's burning through money, and it's important to see if they can turn things around.

Registered in England/Wales under the registration number 12855986, with a registered address at BN22 7JD, England, Eastbourne, 184 Latimer Road.

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