Situ Yonghui Ltd

Situ Yonghui Ltd is a small, active company based in Romford, UK, established three years ago in 2022. It's a micro company, employing just three people and holding £98,318 in assets. The company is a solo-founded operation, overseen by one director and owner. It regularly exports leather goods, travel bags, and animal harnesses, with 74 months of export activity recorded, the last in December 2023.

The company’s website, worksituyonghui.co.uk, presents a simple contact form, emphasizing customer satisfaction and offering no direct e-commerce functionality. It seems to operate as a business-to-business supplier, relying on direct contact for orders and inquiries. There was an error submitting the message, which is a bit frustrating.

Financially, Situ Yonghui Ltd appears to be stable, but not booming. Current assets remained consistent at £49,000, and net assets also stayed at £37,000. Cash on hand also remained steady at £46,000. Creditors remained at £13,000. The company’s small size (meeting two of three criteria for turnover under £632,000, assets under £316,000, and fewer than 10 employees) helps it remain nimble. The accounts are abridged and unaudited, so the numbers rely on director-reported data.

The company operates in the wholesale of wine, beer, spirits, perfume, cosmetics, watches, and jewellery, as well as retail via mail order and internet industries. While the export business has been consistent, the lack of a robust online presence suggests a reliance on established relationships and direct sales.

Registered in England/Wales under the registration number 13953053, with a registered address at RM1 4BY, United Kingdom, Romford, 343 Havering Road.

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