Yaldez Limited

Yaldez Limited is a small, active company based in London, UK, founded three years ago in 2021. It’s a solo-founded operation with a single director and owner, Deniz Durmus, and holds just £6,843 in assets. The company operates from a virtual address, registered at a location shared by 984 other companies, which is a bit odd. It primarily engages in retail sales via mail order houses or via the internet.

The company’s website is unavailable, so it’s difficult to determine the specifics of its e-commerce operations. However, the description suggests a focus on online retail, potentially selling goods directly to consumers through its own website or third-party platforms. It's likely a relatively small-scale operation, given its limited assets and lack of employees.

Financially, Yaldez Limited appears to be in a precarious position. While the company’s net assets remain at £14,000, its current assets are just £6,800, and it’s carrying a net current liabilities of -£1,000. Cash bank on hand is steady at £6,200. Trade debtors are at £620, and creditors are at £7,900. The lack of employee numbers (zero reported) suggests a lean operation, but the negative net current assets are concerning. It’s meeting two of the three conditions to be considered a small company: turnover less than £10.2 million, balance sheet total less than £5.1 million, and employees less than 50. The accounts are described as “filleted” and unaudited, which is common for small companies. There's no auditor mentioned.

Overall, Yaldez Limited is a small, solo-run business facing financial challenges. While it’s operating in a potentially lucrative online retail sector, its limited resources and negative current liabilities suggest it's burning through money. Whether it can turn things around remains to be seen, but it's a company to watch closely.

Registered in England/Wales under the registration number 13643178, with a registered address at N8 0RL, England, London, Demsa Accounts 565 Green Lanes, Haringey.

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