Kuma Stationery Crafts Limited

Kuma Stationery Crafts Ltd from Benfleet UK: a small, active company founded two years ago, employs just two people, and holds £169 in assets. It’s a family business with a virtual address and operates an e-commerce site, managed by two directors and two owners. The company’s activities focus on retail sales via the internet.

The website currently displays a message indicating a transfer of ownership to new hands. It invites customers to email for queries and features links to social media platforms. A prominent section highlights recurring or deferred purchases, requesting agreement to the cancellation policy before checkout. It’s clear that the business is in transition.

Financially, Kuma Stationery Crafts Ltd shows some concerning trends. While turnover decreased by 40% to £19,000, losses deepened to -£3,800. Cash reserves have plummeted 80% to just £170, and net assets are a negative £12,000. Bank borrowings have increased, and creditors are up 35%. The company’s small size (meeting two of three conditions for a small company) means it’s exempt from an audit, so the figures are unaudited. The drop in cash and the negative equity suggest the business is burning through money, although the new ownership may be planning to inject funds. It's likely that the company is facing some management challenges, although this is not explicitly stated.

Registered in England/Wales under the registration number 14386734, with a registered address at SS7 2RD, United Kingdom, Benfleet, Essex, 203 London Road Hadleigh.

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