Kitleys Kits Ltd

Kitleys Kits Ltd from London UK: a small, active company founded four years ago, employs two people, and holds £624 in assets. It’s a private limited company with two directors and two owners, operating from a virtual address shared by many other businesses. The company’s registered address is WC1X 0ND, United Kingdom, London, 2 Frederick Street, Kings Cross.

Kitleys Kits Ltd focuses on retail sales via mail order and the internet, offering a range of kits and supplies. The company’s website is currently unavailable, making it difficult to assess its specific product offerings and target market. It’s unclear if they have an active e-commerce presence, but the company’s business model suggests a focus on direct-to-consumer sales.

Financially, Kitleys Kits Ltd is facing some challenges. Current assets have plummeted by 73%, dropping to just £620, while net assets have swung into negative territory at -£900. Cash reserves have evaporated, falling 98% to a mere £24. Bank borrowings have remained relatively stable, but creditors have also decreased slightly. 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 for flexibility, but the significant equity decline suggests a need for careful management. The accounts are unaudited and were prepared by Taxez, and the company is exempt from an audit. It's clear that Kitleys Kits Ltd is struggling to maintain its financial stability, and it will be interesting to see how it navigates these challenges in the coming year.

Registered in England/Wales under the registration number 12944921, with a registered address at WC1X 0ND, United Kingdom, London, 2 Frederick Street, Kings Cross.

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