Klarity Glass Ltd.

Klarity Glass Ltd from Birmingham, UK, is a small, active company founded nine years ago. With three employees and £42,744 in assets, it operates from a real address and is managed by two directors, though no owners are officially listed. Boasting a perfect 5.0 Google rating from eight reviews, Klarity Glass Ltd is a regular importer of furniture, lighting, and prefabricated buildings, with 10 months of import activity recorded.

The company’s website showcases a curated selection of luxury glass furniture, specializing in coffee tables, dining tables, desks, and mirrors, sourced from Italian brands like Tonelli Italia, Fiam Italia, Sovet Italia, and Gallotti Radice. It also offers bespoke design services and caters to both residential and commercial clients. The website highlights the company's expertise in glass furniture, emphasizing its design know-how and manufacturing capabilities, positioning itself as more than just a retailer.

Financially, Klarity Glass Ltd presents a mixed picture. Current assets have fallen by 30% to £43,000, while net assets have also dropped significantly, declining 37% to £32,000. Cash reserves have taken a hit, decreasing 30% to £37,000, and bank borrowings have increased. Creditors have also risen, suggesting a need for more working capital. Despite these challenges, the company’s small size—meeting two of three criteria for a small company—allows for agility. The unaudited accounts, exempt from a full audit, rely on director-reported data.

The decrease in cash reserves and the increase in creditors could be attributed to ongoing import activities and potentially rising material costs. The lack of owners listed, while not unusual for smaller companies, may indicate a concentrated ownership structure. Klarity Glass Ltd seems to be navigating a period of financial adjustment, but its focus on high-end products and bespoke services could provide a buffer against market fluctuations.

Registered in England/Wales under the registration number 10152189, with a registered address at B30 3DY, England, Birmingham, Unit 3 Lifford Lane.

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