Kks Worldwide Limited

Kks Worldwide Limited is a small, active company based in London, UK, founded two years ago in June 2022. It employs just one person and holds £31,089 in assets. With a real address and a single director and two owners, it’s a compact operation. The company operates in the retail sale via mail order houses or via internet, and also provides transportation support activities.

The company’s website is currently unavailable, making it difficult to ascertain the specifics of its e-commerce activities. However, its business description suggests a focus on online retail and potentially logistics services. Without a functioning website, it’s impossible to determine the scale of its operations or the range of products it offers.

Financially, Kks Worldwide Limited presents a mixed picture. Accumulated depreciation has increased dramatically, jumping 2100% to £650, while amounts owed to related parties have risen 89% to £70,000. Cash bank on hand has fallen 64% to £4,900, and creditors have increased significantly by 140% to £99,000. The company's equity is in a negative position, with retained earnings and accumulated losses totaling -£65,000. Despite these challenges, current assets have increased 110% to £31,000. Debtors have also increased dramatically, rising 2800% to £26,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, relying on unaudited accounts.

The sharp increase in creditors and negative equity suggests the company is burning through cash. While the increase in debtors could indicate growing sales, it also poses a risk if those payments aren’t collected promptly. The significant depreciation increase, while not inherently negative, could reflect increased investment in equipment or a change in accounting practices. The company's reliance on just one employee and its negative equity position are concerning, but its growth in debtors suggests potential for future revenue.

Registered in England/Wales under the registration number 14189731, with a registered address at SW1V 1BZ, England, London, Suite 110 95 Wilton Road, Victoria.

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