Yardsale Ltd

Yardsale Ltd, based in London, UK, is a small, active company founded nine years ago in 2015. With four employees and £516,443 in assets, it operates from a real address and is managed by one director and owner. The company runs an e-commerce site and regularly imports and exports clothing and accessories made by knitting or crocheting—45 months of imports and 11 months of exports recorded.

The company’s website, Yardsale, showcases a wide range of clothing and accessories, catering to a global customer base. It offers a diverse selection of items, with a focus on unique and stylish pieces. The site’s design is clean and user-friendly, with easy navigation and secure payment options. It also has a blog section, which features articles on fashion trends and styling tips.

Financially, Yardsale Ltd’s report reveals some concerning trends. While current assets increased by 37% to £520,000, net assets plummeted 620% to just £25,000—a significant decrease. Cash reserves dropped 99% to a mere £1200, while bank borrowings increased by 18% to £61,000. Trade debtors also ballooned by 76%, suggesting potential issues with customer payments. Creditors, however, decreased by 18%, which could indicate improved debt management. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the sharp decline in equity is a worry. No auditor is mentioned, so the figures are unaudited.

Overall, Yardsale Ltd appears to be facing financial headwinds. The company’s e-commerce operations seem active, but the financials suggest it’s burning through cash. Whether it can turn things around remains to be seen, but the company’s focus on niche products and global reach could provide a lifeline.

Registered in England/Wales under the registration number 09894239, with a registered address at SE10 9QF, London, Greater London, Unit 20 Greenwich Centre Business Park, 53 Norman Road.

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