Jiu Yi Limited

Jiu Yi Limited is a small, active company based in London, UK, established fifteen years ago in 2010. Employing thirty-six people and holding real registered address, it’s a modest operation overseen by one director and owner, Lin Lin. The company operates in the licensed restaurants industries and has dabbled in importing paper and paperboard products, with just two months of import activity recorded as of May 2018.

The company’s website, Jiu Yi Industrial Co., Limited, showcases a range of outdoor windproof blinds, aluminum pergolas, and cassette awnings—a diverse product line aimed at commercial and residential customers. The site emphasizes professional development, design, and a commitment to quality, with a VR factory tour offered to potential clients. It's clear that the company is focused on manufacturing and selling these outdoor solutions, with a strong online presence and a focus on international sales.

Financially, Jiu Yi Limited shows a mixed picture. While net assets increased by 9.5% to £390,000, cash bank on hand plummeted 30% to £220,000. Trade creditors decreased by 32%, which is good, but other creditors jumped 93% to £77,000. Perhaps most concerning is the significant increase in taxation social security payable, which rose by a staggering 1600% to -£150,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, and the figures are unaudited.

The rise in tax liabilities suggests potential cash flow issues, and the decrease in cash reserves is something to keep an eye on. However, the growth in net assets indicates that the business is still generating some profit, even if it’s not immediately apparent in its cash position. It's likely that Jiu Yi Limited is experiencing some growing pains as it expands its manufacturing and sales operations.

Registered in England/Wales under the registration number 07156297, with a registered address at NW11 7PH, England, London, 16b North End Road.

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