Knowflake Ltd

Knowflake Ltd from London UK: small company, active status, founded 3 years ago, real address, 1 director, 1 owner, google rating 5.0 based on 2 reviews. 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 company operates in the retail sale of textiles in specialised stores, the retail sale via mail order houses or via internet, the other business support service activities n.e.c. industries. Officially, it has one owner or PSCs, one director and no number of employees published.

The company’s website, Knowflake, appears dormant, offering no immediate insight into its operations. It’s hard to tell what they’re doing exactly without a functioning site, but the listed industries suggest a focus on retail, potentially with an online presence. It's possible they are a wholesale supplier, or perhaps a drop-shipping operation, but without more information, it’s difficult to say for sure.

Financially, Knowflake Ltd presents a concerning picture. Net assets have plummeted by a staggering 14%, falling to -£6,700. Cash reserves have vanished completely, dropping 100% from £840 to zero. Creditors remain steady at £6,700, and loans from directors are also unchanged at £6,700. While the company is small and exempt from an audit, the dramatic decrease in equity and the absence of cash raise serious questions about its financial health. It seems like they may be burning through money, relying on debt to stay afloat. The fact that the director signing financial statements isn’t mentioned is a bit strange. The company’s reliance on retained earnings and accumulated losses is also not ideal.

Registered in England/Wales under the registration number 13843847, with a registered address at SW18 2QE, England, London, Flat 02 59a East Hill.

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