Yaztrade Ltd

Yaztrade Ltd is a small, active company based in Maida Vale, UK, founded two years ago on March 28, 2023. It’s a private limited company with two directors and two owners, operating from a real address where only one other company is registered. The company meets two of the three criteria to be considered small: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. It operates in the retail sale via mail order houses or via internet industries.

The company’s website, while not extensively detailed, suggests a focus on online retail. It's not clear if they have an e-commerce site, but the description indicates they sell through mail order and the internet. It's a pretty standard setup for a small online retailer.

Financially, Yaztrade Ltd presents a mixed picture. Cash bank on hand remains steady at £4,200, but accrued liabilities are unchanged at £490. The more concerning aspect is the significant decrease in equity, dropping to -£2100. Loans from directors have increased to £5,800, and net assets are also negative at -£2100. While creditors remain steady at £6,300, the overall trend suggests the company is burning through cash. It's likely that the company is struggling to turn a profit, and the increase in director loans indicates a need for external funding. There's no mention of an auditor, which is common for small companies exempt from an audit.

It's worth noting that the company's small size provides some flexibility, but the negative equity and reliance on director loans are potential red flags. Whether the company can turn things around will depend on its ability to increase sales and manage its expenses effectively.

Registered in England/Wales under the registration number 14763466, with a registered address at W9 2NU, United Kingdom, Maida Vale, 3 Elgin Court, 164 Elgin Avenue.

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