Koyanagi Worldwide Limited

Koyanagi Worldwide Ltd from Harrow UK is a small, active company founded 28 years ago. It employs 15 people and holds £403,887 in assets, operating from a virtual address. With three directors and two owners, Koyanagi Worldwide regularly imports textile products, sets, used clothing, and rags (for 8 months) and exports furniture, lighting, and prefabricated buildings (for 42 months).

The company’s website is currently unavailable, making it difficult to determine the specifics of their online presence or e-commerce activities. However, the company operates in the removal services industries.

Financially, Koyanagi Worldwide Ltd presents a mixed picture. Accumulated depreciation on property, plant, and equipment has increased significantly by 100%, suggesting ongoing investment in assets. Bank borrowings have decreased by 27%, which is a positive sign. However, cash reserves have plummeted by an alarming 98%, leaving just £16,000 remaining. Creditors have also decreased by 65%, which is a good sign, but the significant drop in equity—a 260% decline—is concerning. 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 drop in equity suggests a need for careful financial management. With no auditor mentioned, the figures rely on unaudited statements.

The company’s substantial decrease in net assets and cash reserves suggests that it may be burning through money faster than it’s bringing it in. It's possible that recent investments or increased operating expenses have contributed to this trend. The decrease in bank borrowings is a positive sign, but the overall financial picture requires close monitoring.

Registered in England/Wales under the registration number 03264065, with a registered address at HA1 2AW, Harrow, Middlesex, Lynwood House, 373/375 Station Road.

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