Koleksiyon United Ltd

Koleksiyon United Ltd from London UK: a small, active company founded eight years ago, employs one person, and holds £20,270 in assets. It’s a solo founder operation with one director and owner, operating from a real address. The company irregularly imports furniture, lighting, and prefabricated buildings, with just two months of import activity recorded as of April 2021.

The company's website showcases a vast range of furniture and interior design products, from dining tables and chairs to storage solutions and outdoor sets. It’s clear Koleksiyon United Ltd isn't an e-commerce site, but rather a distributor or agent, presenting a catalogue of products from a larger manufacturer. The website highlights a focus on corporate and institutional clients, with sections dedicated to projects, sustainability, and corporate identity. It's a showcase of design and quality, aiming to inspire and connect with businesses seeking to enhance their spaces.

Financially, Koleksiyon United Ltd shows a mixed picture. Current assets have decreased by 26% to £20,000, while net assets have plunged 210% to -£31,000—a significant drop. Creditors have increased by 34%, reaching £53,000, and cash reserves have fallen 90%, leaving just £510. Trade debtors have decreased by 6.4%, suggesting improved collection efforts. 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 sharp equity decline raises concerns. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

While the company’s website projects a sophisticated image, the financials reveal a company struggling to maintain a positive balance sheet. It's possible that recent import challenges or delayed payments are contributing to the financial strain. The company’s irregular import activity suggests a smaller scale operation, which could be a factor in the limited financial resources.

Registered in England/Wales under the registration number 10764889, with a registered address at SW17 7FX, England, London, The 1840, St George’S Gardens 17 Vernon House, 1 Holt Gardens.

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