Koibird Ltd

Koibird Ltd is a small, active company based in London, UK, founded seven years ago in 2017. Employing twenty people and holding assets of £1,858,614, it’s a solo-founded operation managed by one director and owner. The company’s core business involves importing and exporting clothing and accessories – not knitted or crocheted – with a solid record of 341 months of imports and 41 months of exports. It operates a boutique in Marylebone, London, and has a website that sells designer clothing, shoes, and accessories.

The company’s website highlights a focus on high-fashion and a unique in-store experience. Alongside its clothing offerings, Koibird Ltd runs "Koi 11," a nutrition café offering herbal drinks and wellness products within its boutique. The website also promotes a "Checked Out" campaign featuring different "KOIgirl" personas, suggesting a focus on curated style and a brand identity. It’s clear the company aims to provide a luxury retail experience, both online and in-person.

Financially, Koibird Ltd presents a mixed picture. Cash reserves have seen a significant boost, jumping 230% to £1,100,000, which is a positive sign. However, creditors have also increased substantially, rising 60% to £7,300,000. Debtors have decreased by 33%, which could indicate challenges in collecting payments. Equity has declined by 26%, and net assets are down 69%, which are worrying trends. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity warrants closer attention. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

Overall, Koibird Ltd seems to be growing its cash position but is also accumulating debt. The company’s focus on a unique retail experience and curated style suggests a deliberate strategy, but the financial trends indicate it’s facing some pressures. It’s a company that’s clearly ambitious, but whether it can sustain its growth trajectory remains to be seen.

Registered in England/Wales under the registration number 11047250, with a registered address at NW1 4JE, United Kingdom, London, 31 Chester Close North.

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