Black Yak Ltd

Black Yak Ltd, based in Driffield, UK, is a small, active company founded 21 years ago. With eight employees and £440,229 in assets, it operates a popular e-commerce site boasting a perfect 5.0 Google rating from twelve reviews. The company regularly imports clothing and accessories made by knitting or crocheting—a consistent 29-month import history, with the latest activity in November 2024. It’s a family-run business, with two directors and two owners, Harrison Janet and Rupert Spencer, at the helm.

The company’s website showcases a wide range of high-quality, fair trade clothing, crafts, and accessories sourced from around the world. Black Yak Ltd is recognised by BAFTS, The British Association for Fair Trade Shops and Suppliers, as a Fair Trade importer, wholesaler, and retailer. It prides itself on ethical sourcing, ensuring fair wages and safe working conditions for its producer partners. The website also features a blog and look book, providing inspiration and information for customers.

Financially, Black Yak Ltd presents a mixed picture. Current assets decreased by 6.1% to £440,000, while net assets increased by 13% to £390,000. Bank borrowings dramatically reduced by 100% to zero, and cash reserves fell by 35% to £230,000. Creditors decreased by 60% to £49,000, suggesting improved debt management. 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 decrease in cash reserves warrants attention. The company is exempt from an audit, so the figures are unaudited.

Despite some financial pressures, Black Yak Ltd’s commitment to fair trade and its strong online presence suggest a resilient business. The company’s ability to maintain a loyal customer base, as reflected in its high Google rating, will be crucial for its continued success.

Registered in England/Wales under the registration number 04958292, with a registered address at YO25 9TZ, England, Driffield, Units 3-5 Front Street Court, Middleton On The Wolds.

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