H. Young Structures Limited

H. Young Structures Ltd, based in Norfolk, UK, is a small, holding company with an active status. Founded 52 years ago in 1973, the company employs 52 people and holds £3,628,927 in assets. It's led by six directors and owned by two individuals, with a real registered address and a history spanning over half a century. The company is an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances, with the last import operation recorded one month ago in June 2023.

The company operates in the manufacture of metal structures and parts of structures industries. 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, and employees less than 50. The company’s website doesn't provide much detail about its operations beyond its core business. There's no indication of e-commerce activity, suggesting a business-to-business model rather than direct consumer sales.

Financially, H. Young Structures Ltd presents a mixed picture. While net assets increased by 5.3% to £1,600,000, cash reserves declined by 35% to £280,000. Bank borrowings surged by 2,400%, reaching £29,000, and trade debtors ballooned by 890%, suggesting delayed customer payments or expanded credit terms. Creditors decreased by 18%, suggesting better debt management. Director remuneration increased by 35%, reaching £390,000. The company’s small size helps it stay agile, but the sharp equity drop raises questions. The accounts are unaudited, as is common for small companies. It's clear the company is holding steady but facing pressures.

Registered in England/Wales under the registration number 01111584, with a registered address at NR18 0RD, Norfolk, Ayton Road, Wymondham.

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