Yardartuk Ltd

Yardartuk Ltd from Little Hallingbury UK: a small, active company founded five years ago, employs just two people, and holds £10,168 in assets. It’s a solo-founder operation with two directors, operating a real address and an e-commerce site with a stellar 5.0 Google rating from six reviews. The company’s status is active, and it’s been incorporated since December 12, 2019.

The company’s website showcases a range of weatherproof outdoor wall art, designed to withstand the elements. It’s a family business with a focus on British craftsmanship, offering a variety of styles from abstract to botanical. The site also features a clearance sale with discounted items, and highlights artist collaborations. It's a nice selection of wall art for gardens and patios.

Financially, Yardartuk Ltd presents a mixed picture. Current assets have decreased by 23%, dropping to £10,000, while net assets have plummeted 120%, landing at -£29,000. Bank borrowings have increased by a significant 2,400%, reaching £29,000, and cash reserves have fallen 93%, leaving just £250. Creditors have also risen by 57%, reaching £38,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are unaudited, a common exemption for small companies.

The sharp decline in equity and cash reserves is concerning, suggesting the company may be burning through money. However, the increase in bank borrowings could indicate investment in growth, or perhaps a need to cover short-term expenses. The company's solo founder, Clemence Charlotte, is listed as a director, and the owner list was changed four months ago, which is a good sign. While the financials raise some questions, Yardartuk Ltd’s strong Google rating and focus on a niche market suggest it has potential to recover.

Registered in England/Wales under the registration number 12360979, with a registered address at CM22 7RE, England, Little Hallingbury, Hertfordshire, Little Hallingbury Place.

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