Yachew Ltd

Yachew Ltd, based in Glasgow, UK, is a small holding company with an active status, established eleven years ago in December 2013. Employing ten people, the company holds £1,581,966 in assets, though its registered address is likely virtual, as it's shared by 123 other companies. Managed by three directors and owned by one individual, Yachew Ltd operates an e-commerce site and maintains a 3.0 Google rating from 31 reviews. The company regularly imports and exports toys, games, and sports equipment, with 42 months of import activity and 14 months of export activity recorded.

Yachew’s website showcases a wide range of products, from board games and collectibles to music and film. It’s a comprehensive online marketplace, offering a diverse selection of items and catering to various interests. The site’s currency options and international shipping capabilities suggest a global reach, and the inclusion of popular brands like Funko and Loungefly indicates a focus on trending items.

Financially, Yachew Ltd's report shows some concerning trends. Cash bank on hand has fallen by 40%, dropping to £380,000, while trade debtors have increased significantly by 43%, reaching £1,100,000. This could indicate difficulties in collecting payments or an expansion of credit terms. Creditors have also increased by 10%, reaching £530,000. The company’s equity, however, shows a positive trend, increasing by 350% to £62,000. Fixed assets have also increased by 77%, reaching £110,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the drop in cash reserves warrants closer attention. It's worth noting that the company’s future minimum lease payments have decreased by 26%, which could be a positive sign for future cash flow. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In summary, Yachew Ltd appears to be navigating a period of change. While its e-commerce operations seem active and diverse, the financial report reveals a mixed picture—with increased debt and a decrease in cash reserves. The company’s ability to manage its finances and maintain its customer base will be key to its long-term success.

Registered in Scotland under the registration number SC465461, with a registered address at G1 3NQ, Glasgow, 6th Floor, Gordon Chambers 90 Mitchell Street.

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