Koyoo Trade Ltd

Koyoo Trade Ltd, based in New Malden, UK, is a small, active company founded eleven years ago in 2013. With six employees and £138,832 in assets, it's a solo-founded operation run by a single director and owner. The business primarily imports and exports clothing and accessories made by knitting or crocheting, with a history of irregular imports (one month) and consistent exports (ninety-eight months). Its registered address is real, with only one other company registered there.

The company operates in the retail sale via mail order houses or via internet industries. Its website, while not extensively detailed, suggests a focus on sourcing and distributing handmade knitted and crocheted items. There's not much to see, but it does give a sense of a small-scale operation focused on a specific niche.

Financially, Koyoo Trade Ltd presents a mixed picture. Current assets have declined by 35%, falling to £140,000, while net assets have dropped by 28%, reaching £110,000. Bank borrowings have decreased by 26%, sitting at £30,000, and cash reserves have fallen 33%, to £38,000. Creditors have also decreased by 26%, to £30,000, which is a positive sign. 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 equity raises concerns. There's no auditor mentioned, so the figures are unaudited.

The decline in assets and equity suggests Koyoo Trade Ltd may be facing financial pressures. While the decrease in creditors is a positive sign, the company needs to address its declining reserves to ensure long-term sustainability. The consistent export activity indicates a demand for its products, but managing cash flow will be crucial moving forward.

Registered in England/Wales under the registration number 08726468, with a registered address at KT3 5NE, England, New Malden, 28 Kneller Road.

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