Kub Products Ltd
- Small
- Active
- 12 years
- 2 employees
- £353,177 (assets)
- Virtual address
- 2 directors
- 2 owners
- Regular importer
- Irregular exporter
- Family business
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
The directors list was changed 4 months ago, a good sign to sell them something.
Field of Operation
Website
Summary
Kub Direct Nursery Furniture Mattresses is a small, active company based in London, UK, established twelve years ago. With two directors and two owners (likely a family business), it employs just two people and holds £353,177 in assets. The registered address is a virtual one, shared by 5451 other companies. The company regularly imports furniture, lighting, and prefabricated buildings—a consistent 15-month import history, with the latest operation in January 2025—but exports irregularly, just two months of activity recorded back in March 2019.
The company's website showcases a wide range of nursery furniture, including nursing chairs, cots, mattresses, and accessories. It operates an e-commerce platform, offering free shipping and a 30-day return policy. The site is well-designed, with clear product categories, detailed descriptions, and customer reviews. It even features a "Parents Hub" with parenting tips and articles. The website's focus is clearly on providing quality nursery furniture and accessories directly to consumers.
Financially, Kub Direct Nursery Furniture Mattresses shows some concerning trends. While bank borrowings increased by 11%, cash reserves plummeted by a massive 350%, dropping to £31,000. Net assets also took a hit, decreasing by 410% to -£47,000. Creditors increased by 34%, reaching £34,000, and trade debtors decreased by 45%, suggesting potential issues with customer payments. The company’s small size (meeting two of three conditions for being a small company) means it avoids a full audit, relying on unaudited financial statements. Average employees reported at December 31, 2023 increased by 50% to three.
These numbers suggest Kub Direct Nursery Furniture Mattresses is burning through cash, despite its online presence and product range. The significant drop in equity and increased debt raise questions about its long-term financial health. It’s possible the company is investing heavily in marketing or expansion, but the lack of profitability is a cause for concern.
Registered in England/Wales under the registration number 08335273, with a registered address at WC2H 9JQ, England, London, 71-75 Shelton Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 6 years
- 2
- 25%+
-
Resident of United Kingdom
-
Individual
- 8 years
- 2
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 4 months
- 2
-
Resident of United Kingdom
-
Individual
- 12 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one year ago.
Last news
-
Appointment of Mrs Joanna Clare Parsons as a director on 2025-02-21Download 2 pages pdf report
-
Unaudited abridged accounts made up to 2023-12-31Download 14 pages pdf report
-
Satisfaction of charge 083352730001 in fullDownload 1 page pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Kub Products Ltd
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