Kusch Ltd

Kusch Ltd is a small, active company based in London, UK, established twelve years ago in 2012. With five employees and £436,288 in assets, it operates from a virtual address – twenty-three other companies share this location, suggesting a shared service arrangement. The company is led by three directors and owned by Gill Jaspal Kaur. Kusch Ltd specializes in importing and exporting clothing and accessories, not knitted or crocheted, with a consistent record of 77 months of import activity and 5 months of export activity. It operates within the wholesale of textiles industries.

The company’s website, KuschCo, showcases high-quality seating furniture, tables, and benches. It emphasizes sustainability, design, and caters to airport seating needs. The site also highlights a collection of materials and references, alongside a newsletter and intranet. KuschCo positions itself as a provider of quality and design, with a focus on professional clients and a commitment to social responsibility. The site also promotes a new seating programme and a new material collection.

Financially, Kusch Ltd presents a mixed picture. While cash bank on hand increased by 31% to £420,000, current assets decreased by 21% to £440,000. Trade debtors have plummeted by 90%, leaving just £5,400 outstanding, which could indicate efficient collection practices, or a significant shift in customer payment patterns. Conversely, creditors have increased by 35% to £31,000. The company’s employee numbers have also fallen significantly, decreasing by 40% to just three people. Although the company’s retained earnings and share capital remained stable, the decrease in employee numbers and the increase in creditors could be a cause for concern. The company is exempt from an audit, and the accounts are abridged. Overall, Kusch Ltd seems to be facing some financial pressures, but its strong cash position and efficient debt management offer some reassurance.

Registered in England/Wales under the registration number 08261667, with a registered address at E1 5NF, London, 7-15 Greatorex Street.

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