Ybj Ltd

Ybj Ltd from Glasgow UK: a small, active company founded three years ago, employs thirteen people, and holds £445,016 in assets. It's a solo-founder operation with three directors, registered at a real address. The company is an irregular importer of cereal and milk-based food products, with just two months of import activity recorded, the last in June 2023.

Ybj Ltd operates in the retail sector, specifically focusing on the sale of food, beverages, and tobacco, as well as fruit and vegetables, and other food products. The company’s website is currently unavailable, making it difficult to assess its online presence and e-commerce activities.

Financially, Ybj Ltd presents a mixed picture. While current assets increased by 21% to £450,000, net assets have decreased by 90% to just £62,000. Bank borrowings have increased by 2,400%, reaching £29,000, and cash reserves fell 30% to £82,000. Creditors decreased by 18%, suggesting better 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 stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's financial data shows a concerning trend of increased debt and declining equity, suggesting it may be burning through cash. The increase in trade debtors also indicates potential issues with customer payments. The company’s directors list was changed five months ago, which could be a positive sign of restructuring, but it also warrants closer scrutiny.

Registered in Scotland under the registration number SC719743, with a registered address at G11 6NY, Scotland, Glasgow, 122-128 Dumbarton Road.

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