The Kurtis Design & Textile Ltd

The Kurtis Design & Textile Ltd is a small, active company registered in London, UK, founded five years ago in 2019. It operates with a single employee and holds £12,437 in assets, though its registered address is likely a virtual one, shared by 984 other companies. The company is led by one director and one owner, Hacikurtis Kadir, and describes itself as an irregular importer of clothing and accessories, not knitted or crocheted, with just one month of import activity recorded as of April 2021.

The company’s website showcases its services as a London-based fashion design and consulting agency, offering creative direction, design resources, and strategy to clients. It provides textile consultancy, assists with clothing production, and even sells products on behalf of other suppliers. The website’s design is simple, with a focus on clear messaging and contact information, and it’s built using Wix.com. It’s a well-designed site, but it doesn’s give much detail on the company's specific niche.

Financially, The Kurtis Design & Textile Ltd presents a mixed picture. Current assets have fallen by 23% to £12,000, while net assets have plummeted 94% to a mere £120. Bank borrowings have increased, and cash reserves have decreased significantly. Creditors have decreased, suggesting better debt management, but the sharp decline in equity raises concerns. 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 agility, but the equity drop is a worrying trend. The accounts are unaudited, and no auditor is mentioned.

Overall, The Kurtis Design & Textile Ltd appears to be facing financial pressures, despite its professional website and niche consulting services. Whether it can navigate these challenges and sustain its operations remains to be seen.

Registered in England/Wales under the registration number 12226752, with a registered address at N8 0RL, England, London, Demsa Accounts 565 Green Lanes, Haringey.

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