Yamogu Ltd

Yamogu Ltd from London UK: small company, active status, founded 4 years ago, confirmation overdue 1 month, 1 employee, £873 assets, virtual address, 1 director, no owners. It's a small business meeting two of three conditions to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company, incorporated on February 03, 2021, currently has one director, Shevchenko Elena, and no reported owners – likely one of them is on the director’s list. Its status is active, though confirmation statements are overdue by a month. The company’s registered address, EC1V 2NX, United Kingdom, London, 128 City Road, is likely virtual, as 47568 other companies are registered there.

Yamogu Ltd operates in the retail sale via mail order houses or via internet industries. The company’s website is currently unavailable, so it’s difficult to determine the specifics of its e-commerce operations. It’s unclear if the company has a fully functional online store, a simple product listing, or relies on other channels for sales.

Financially, Yamogu Ltd presents a concerning picture. Current assets have declined by 14% to just £870, while net assets are down 34% to -£23,000. Cash on hand has fallen 13% to £390, and creditors have increased by 32% to £23,000. Debtors have also decreased by 15%, which could mean that customers are taking longer to pay. The company's small size and lean staffing (just one employee) may offer some flexibility, but the negative equity and shrinking cash reserves suggest it’s burning through money. The accounts are unaudited and classified as "filleted," meaning they are simplified and exempt from a full audit, which is standard for small companies. It’s worth noting that the company’s accounts are prepared using the historical cost convention, and the company is using Digita Accounts Production Advanced software.

Registered in England/Wales under the registration number 13175456, with a registered address at EC1V 2NX, United Kingdom, London, 128 City Road.

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