Koru Uk Limited

Koru Uk Limited, based in Windermere, UK, is a small, active company founded 20 years ago. With 18 employees and £63,458 in assets, it’s a modest operation managed by four directors and one owner. Google ratings are a bit low at 3.0 based on just two reviews. The company regularly imports glass and glassware, with 39 months of import activity recorded, the last in November 2024.

Koru Uk Limited operates in the retail sector, specifically specializing in the sale of new goods through specialized stores. The company’s website is currently unavailable, making it difficult to determine the scale of their online presence. It’s likely they operate primarily through a physical store or wholesale channels.

Financially, Koru Uk Limited’s recent performance presents a mixed picture. Current assets have fallen sharply, dropping 46% to £63,000. Equity has also taken a hit, declining 310% to £19,000. Bank borrowings increased significantly, rising by 2,400% to £29,000, while cash reserves plummeted 38% to £20,000. Creditors have decreased by 63%, which could indicate improved debt management. 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 substantial equity decline is a concern. No auditor is mentioned, likely due to the company’s exemption as a small entity.

The company’s recent decrease in average employees, falling 17% to 15, is also noteworthy. While it could be a temporary adjustment, it’s worth monitoring to see if it’s a longer-term trend. The company’s financial statements are unaudited, so the figures rely on director-reported data.

Registered in England/Wales under the registration number 05422998, with a registered address at LA23 3AS, Windermere, Cumbria, The Red Gecko Longlands Road, Bowness-On-Windermere.

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