Yansport Safetywear Limited

Yansport Safetywear Ltd, based in the West Midlands, UK, is a small, holding company with an active status. Established 24 years ago, in 2001, it employs 32 people and holds assets valued at £902,372. The company has two directors and two owners, and boasts a perfect 5.0 Google rating based on one review. It’s an irregular importer, primarily dealing in knitted or crocheted fabrics, with its last import operation occurring two years ago.

The company, part of the larger Yansport group, has been manufacturing workwear since 1972, expanding to a 20,000-square-foot facility in Walsall in 1989. Its website, designed by allthingstech.co.uk, highlights its commitment to British craftsmanship and quality. The company operates in the manufacture of workwear industries.

Financially, Yansport Safetywear Ltd presents a mixed picture. Current assets have decreased by 10% to £900,000, while net assets have increased by 21% to £41,000. Bank borrowings have risen significantly by 21%, reaching £47,000, and cash reserves have dramatically fallen by 99%, leaving only £28. Director remuneration has plummeted by 71%, suggesting cost-cutting measures. Creditors have also decreased by 19%, indicating improved debt management. The company meets two of three criteria to be considered small (turnover under £10.2m, assets under £5.1m, fewer than 50 employees). The unaudited financial statements, prepared without the assistance of an auditor, show a concerning drop in cash reserves, but also a positive trend in equity. The company's small size allows for agility, but the equity decline warrants closer scrutiny.

Registered in England/Wales under the registration number 04208237, with a registered address at WS2 9NL, West Midlands, Frederick Street, Walsall.

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