Ktsu Limited

Ktsu Limited is a small, active company based in Edinburgh, UK, founded eight years ago in 2016. It’s a solo-founded operation with one director and owner, Rolland Jack, and holds £42,340 in assets. The company operates from a real address and is registered as a private limited company. Its core business involves the manufacture of luggage, handbags, saddlery and harness, but it also engages in irregular importing of paper and paperboard products, with just two months of import activity recorded as of December 2021.

The company’s website, while not extensively detailed, suggests a focus on bespoke luggage and leather goods, potentially catering to a niche market. It’s unclear if the website is actively used for e-commerce, but it does showcase the company’s products and craftsmanship. The company is registered as SC551076 and has a perfect 5.0 Google rating from eight reviews.

Financially, Ktsu Limited presents a mixed picture. Cash bank on hand decreased by 17% to £7,400, while creditors rose slightly by 0.57% to £81,000. Current assets also dropped by 3.9% to £42,000. On the positive side, debtors increased by 18% to £350, and retained earnings accumulated losses decreased by 6% to -£41,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the decline in equity and cash reserves is concerning. The company was set up and operated by Mrs Lisa Rolland who sadly passed away suddenly in December 2023, at which point her husband Mr Ogilivie Rolland was appointed as a director. The balance due by the company to Mrs Rolland was transferred to Mr Rolland, who confirms no immediate plans to demand repayment. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Ktsu Limited is facing challenges, likely stemming from the recent loss of its founder. While the manufacturing side may be steady, the financial strain suggests a need for careful management and potentially new strategies to ensure long-term viability.

Registered in Scotland under the registration number SC551076, with a registered address at EH4 6DF, Scotland, Edinburgh, 33a Barnton Avenue West.

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