Be & Young Ltd

Be & Young Ltd is a small, active company based in London, UK, founded three years ago in May 2021. It’s a solo founder operation with one director and one owner, Jung Nayoung, and employs just one person. The company holds £6,438 in assets and operates from a real address in Florence Road. Its primary business involves retail sale via mail order houses or via internet, specializing in underlay for flooring. The website, Ball Young Ltd, showcases a range of underlay products, emphasizing comfort, insulation, and sustainability—a focus on quality and eco-friendly practices.

The website clearly positions Ball Young Ltd as a specialist in flooring underlay. It highlights the benefits of its products, including improved floor feel, heat insulation, sound insulation, and extended lifespan. The site also emphasizes the company’s commitment to sustainability, with a focus on responsible production and resource conservation. There's a strong emphasis on customer service and a clear navigation structure, suggesting a well-managed online presence. The site also mentions export sales and a LinkedIn presence, indicating a broader reach beyond the UK market.

Financially, Be & Young Ltd is showing some concerning trends. Current assets have fallen by 32%, dropping to £6,400, while net assets have plummeted 79%, settling at just £220. Cash reserves have also declined significantly, falling 45% to £1,600. Trade debtors have experienced a dramatic decrease, falling 95% to just £300, which could indicate a shift in payment terms or a reduction in sales. However, total inventories have increased by a substantial 750%, reaching £4,500, which could be a strategic move to meet anticipated demand. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the decline in equity raises questions about its long-term financial health. No auditor is mentioned, consistent with its status as a small, exempt company.

Overall, Be & Young Ltd seems to be navigating a challenging period. While its online presence and product focus are strong, the financial data suggests a need for careful management and a focus on improving profitability. It’s a small company, and these fluctuations are not uncommon, but the trend needs to be monitored closely.

Registered in England/Wales under the registration number 13406828, with a registered address at SW19 8TH, England, London, 69 Florence Road.

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