Kitenge Ltd

Kitenge Ltd is a small, active company based in Newbury, UK, established eleven years ago in March 2014. With a single employee and £8,672 in assets, it operates from a virtual address shared by forty-five other companies – a bit unusual, really. The company is led by one director and owned by Masawe Sian Laura, though the list of owners has changed a few times. Kitenge Ltd primarily imports clothing and accessories (not knitted or crocheted), though its import activity is irregular, with the last recorded operation dating back to June 2016.

The company’s website details a diverse range of activities, including manufacturing men’s and women’s outerwear, along with other apparel and accessories, and retail sales via mail order and the internet. It's a little unclear exactly how these activities are interconnected, but it seems to be a multi-faceted operation. The website gives the impression of a small, family-run business, though it’s difficult to confirm this.

Financially, Kitenge Ltd presents a mixed picture. Liabilities deferred income decreased by 27%, while bank borrowings have increased by a whopping 3,500% to £4,300. Cash reserves, however, have seen a healthy 43% increase to £4,900. Creditors have also risen by 83%, suggesting a need for more cashflow. Net assets have decreased by 8%, and while the company meets the criteria to be considered small – turnover under £10.2m, assets under £5.1m, and fewer than 50 employees – the decrease in equity is a point to note. There’s no mention of an auditor, which is common for small companies. The company’s financial statements are unaudited.

Registered in England/Wales under the registration number 08942083, with a registered address at RG19 6HX, England, Newbury, 20-22 Venture West Greenham Business Park.

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