Kneadknot Ltd

Knead Knot Worry Ltd from London UK: a small, active company founded four years ago, operates from a virtual address, and is led by a single director and owner, Ayodele Temitayo Afolake. The company boasts a perfect 5.0 Google rating based on seven reviews. It’s a regular importer of furniture, lighting, and prefabricated buildings, with six months of import activity recorded, the last operation occurring in June 2024. The company is run by a solo founder.

The business, while registered as Knead Knot Worry Ltd, specializes in massage therapy services. Its website highlights remedial and sports massage, offered both onsite and in a portable setting. Run by qualified therapist Chloe, the service emphasizes a personalized experience, including equipment setup, medical consultations, and follow-up suggestions. All equipment is provided, though clients are welcome to bring their own. The business serves Wimbledon, South West London, Surrey, and Central London.

Financially, Knead Knot Worry Ltd presents a mixed picture. While cash bank on hand increased by a substantial 110% to £48, creditors rose by 25% to £1,800, and loans from directors also increased by 25% to £1,800. However, net assets liabilities deepened by 24% to -£1,700, and retained earnings accumulated losses also increased by 24% to -£1,700. The company's small size—meeting two of three conditions for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees)—helps it remain nimble, but the decline in equity is concerning. The accounts are unaudited and filed as "Filleted Accounts," meaning they’re exempt from a full audit.

It seems the company is struggling to maintain a healthy balance sheet, even though it’s generating some revenue. Perhaps the massage service is seasonal, or marketing efforts need to be improved. The reliance on loans from the director suggests a need for external funding, but the company’s small size and virtual address may make securing investment difficult.

Registered in England/Wales under the registration number 12896622, with a registered address at E16 4EQ, England, London, Flat 1 Abbey Life Court 303 Newham Way, Newham Way.

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