Theyin Limited

Theyin Limited is a small, active company based in Bootle, UK, founded five years ago in 2020. Employing just one person, it holds £90,015 in assets and generates £39,059 in yearly revenue. The company operates a real address and is managed by one director and one owner, Abu Fara Mohammad I A. Theyin Limited runs an e-commerce site selling a variety of household goods, kitchen towels, clocks, and storage solutions, alongside other items. They regularly import paper and paperboard products, with the last import operation recorded three months ago in September 2024.

The company’s website, THEYIN Online Smart Shopping Store, highlights a focus on online retail, particularly during Black Friday sales. It features a range of products, including clocks, bags, and storage items, and offers free delivery to all UK cities. The site also promotes its Amazon and eBay presence, emphasizing competitive pricing and customer support. Theyin Limited operates in the wholesale of household goods, retail via mail order, and other retail sales, catering to a broad customer base.

Financially, Theyin Limited’s performance presents a mixed picture. Accumulated depreciation impairment for computer equipment increased by 71%, while administrative expenses rose by 62%. Cash bank on hand decreased by 33%, and turnover revenue declined by 44% to £39,000. However, other operating income surged by 1100%, and gross profit loss improved significantly, rising from -£4,600 to £19,000. Net assets, however, decreased by 59%, and net current assets liabilities increased by 58%. The company meets the criteria for a small company, with turnover under £10.2 million and fewer than 50 employees. With no auditor mentioned, the financial statements are unaudited.

The company's growth in administrative expenses and the decrease in cash reserves suggest a need for careful financial management. However, the increase in other operating income and the improvement in gross profit loss indicate potential for future growth. While the company is small, it's clear that they are trying to expand their online presence and diversify their product offerings.

Registered in England/Wales under the registration number 12414992, with a registered address at L20 1BP, England, Bootle, Kangaroo Storage, 100 Derby Road.

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