Koture Limited

Koture Ltd, based in London, UK, is a small, active company founded seven years ago in 2018. With 38 employees and £81,833 in assets, it operates from a virtual address—a fact highlighted by the presence of 984 other companies registered at the same location. The company is led by one director and one owner, although the owner list may not be exhaustive. Koture Ltd’s business model involves irregular importing of furniture, lighting, and prefabricated buildings (last import in February 2018), and exporting leather goods, travel bags, and animal harnesses (last export in October 2018).

The company's website, Wool Couture, is a vibrant online retailer specializing in knitting, crochet, weaving, and macrame supplies. It offers a wide range of yarns, tools, and craft kits, catering to both beginners and experienced crafters. The site features collections like "Baby Brights" and "Christmas Nutcracker," alongside tutorials and blog posts—a clear effort to build a community around crafting. It's a full-fledged e-commerce operation, with a strong emphasis on visual appeal and detailed product descriptions.

Financially, Koture Ltd presents a mixed picture. Cash bank on hand has fallen significantly, dropping 51% to £18,000, while creditors have increased by 38% to £65,000. Trade debtors have risen 16% to £46,000, and net current assets have declined 61% to £16,000. Despite these challenges, the company’s retained earnings have increased slightly, by 1.9% to £50,000. 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 decrease in cash and increase in debt suggest a need for careful financial management. The accounts are unaudited, and no auditor is mentioned, which is common for small companies. Overall, Koture Ltd appears to be navigating a competitive market, relying on its diverse product range and online presence to sustain its business.

Registered in England/Wales under the registration number 11145981, with a registered address at N8 0RL, England, London, Demsa Accounts 565 Green Lanes, Haringey.

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