Birdstreet Yarn Limited

Birdstreet Yarn Ltd from Hanham UK: a small, active company founded four years ago, employs two people, and holds £33,488 in assets. Operating from a virtual address, the business is a family affair, managed by two directors and owners, and runs an e-commerce site. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

Birdstreet Yarn Ltd’s website showcases a vibrant collection of hand-dyed yarn, particularly Yak DK, offered in various colorways and sets. The site emphasizes its unique offerings, including Reimagined Yarn sets designed for specific shawl patterns and a Yarn Club featuring themed mini sets. The site is clearly focused on e-commerce, with detailed product descriptions, high-quality images, and a user-friendly shopping experience. It’s a very active site, with new products added regularly and a blog featuring updates and promotions.

Financially, Birdstreet Yarn Ltd presents a mixed picture. Cash bank on hand dropped by 14% to £33,000, while debtors decreased significantly by 59% to £480. Creditors also decreased by 13% to £26,000. However, fixed assets surged by 230% to £2,400, which could indicate investment in equipment or inventory. Equity decreased slightly by 5.3% to £9,700. Net current assets and liabilities also decreased. It’s worth noting that the company’s small size means it's exempt from an audit, and the figures are unaudited. The company's small size helps it stay agile, but the decrease in cash reserves and net assets raises questions about its financial health. The company's small size helps it stay agile, but the decrease in cash reserves and net assets raises questions about its financial health.

Registered in England/Wales under the registration number 12951590, with a registered address at BS15 3FR, United Kingdom, Hanham, Bristol, 7c Hanham Hall, Whittucks Road.

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