Lucy And Yak Ltd

Lucy And Yak Ltd from Barnsley UK: medium company, active status, founded 7 years ago, 150 employees, £12,882,397 assets, yearly revenue: £33,267,655, real address, 5 directors, 2 owners. Regular importer of clothing and accessories, not knitted or crocheted (462 months imported). Regular exporter of clothing and accessories, not knitted or crocheted (23 months exported).

Lucy Yak is a medium-sized clothing company based in Barnsley, UK, operating with an active status. Established seven years ago, it employs 150 people and boasts significant assets of £12.9 million and a yearly revenue of £33.3 million. The company’s real address and presence of five directors and two owners suggest a stable, established business.

The company specializes in the retail sale of independent, organic, and recycled clothing, operating primarily through its e-commerce website. The site showcases a wide range of clothing, accessories, and homeware, with a strong emphasis on ethical sourcing and sustainable practices. It even features a curated collection by influencer Nanda, highlighting the brand's commitment to style and conscious consumerism.

Financially, Lucy Yak shows some interesting trends. While current assets remain strong at £13 million, net assets decreased by 10% to £9.9 million. Bank borrowings increased by 37% to £1.7 million, and cash reserves fell 12% to £3.7 million. Despite this, creditors decreased by 18%, suggesting improved debt management. The company’s medium size (meeting two of three criteria for turnover under £36 million, assets under £18 million, and fewer than 250 employees) allows for flexibility, but the decrease in equity warrants attention. Xeinadin Audit Limited served as the auditor.

The company’s consistent import and export activity, with a focus on clothing and accessories, demonstrates a robust supply chain. The decrease in cash reserves, however, may indicate increased investment in growth or a period of tighter margins. Overall, Lucy Yak appears to be a thriving business navigating the challenges of a competitive market, and it's a company to watch.

Registered in England/Wales under the registration number 10850530, with a registered address at S74 0FP, England, Barnsley, South Yorkshire, Unit 3 Newton Road, Hoyland.

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