Yappy Ltd

Yappy Ltd from Manchester UK: a small holding company with an active status, was founded eight years ago in 2017. The company employs 37 people and holds £2,253,238 in assets. It operates from a virtual address, with four directors and three owners reported. Google ratings stand at a respectable 4.0 based on eight reviews, and it’s a regular importer of iron or steel products, with its last import operation occurring four months ago.

The company’s website, yappy.com, is currently closed for business. A heartfelt message thanks customers for their support and expresses gratitude for being part of their story. It’s clear the brand, known for its pet products, has ceased operations, with all rights reserved and trademarks protected.

Financially, Yappy Ltd’s recent performance paints a concerning picture. Accumulated amortisation impairment of intangible assets has increased by a significant 160%, while depreciation of property, plant, and equipment has decreased by 59%. Cash bank on hand has plummeted 73%, dropping from £1,800,000 to £490,000. Creditors have halved, suggesting better debt management, but a substantial decrease in net current assets—down 33%—raises concerns. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) may have contributed to its agility, but the sharp decline in equity—a 24% increase to -£5.5 million—is a worrying trend. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

In short, Yappy Ltd’s financial health appears fragile. The closure of the website suggests the company may have struggled to sustain its business model, despite its strong brand reputation and positive customer reviews. The decrease in cash reserves and the negative equity position are particularly concerning, and the lack of an auditor makes it difficult to fully assess the company’s true financial situation.

Registered in England/Wales under the registration number 10655885, with a registered address at M4 6WX, England, Manchester, Jactin House 24 Hood Street, Ancoats.

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