Yearnglass Limited

Yearnglass Limited, based in Epping, UK, is a small, family-run business with an active status, established eight years ago. Employing 31 people, the company holds £1,345,388 in assets and operates from a real address. Two directors and two owners manage the business, which runs an e-commerce site and has a respectable Google rating of 4.0 based on five reviews. It’s a regular importer of glass and glassware, with 11 months of import activity recorded.

The company’s website, salesyearnglass.co.uk, showcases a focus on high-quality mirrors, offering both made-to-order and ready-to-ship options. It caters to a trade audience, requiring registration and login for full visibility, and even has a showroom in Harrods, London. The site emphasizes British craftsmanship and offers a range of services, including restoration and disaster recovery for damaged pianos.

Financially, Yearnglass Limited presents a mixed picture. Current assets remained steady at £1,300,000, while net assets increased by 2%. Bank borrowings decreased by 24%, and cash reserves fell by 1.1% to £910,000. Trade debtors increased by 21%, and creditors increased by 17%. 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. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

While the company appears to be holding steady, the decrease in cash reserves and increase in trade debtors suggests a need for careful management. The dual focus on mirrors and pianos, while offering diversification, could also stretch resources thin.

Registered in England/Wales under the registration number 10562188, with a registered address at CM16 6EP, United Kingdom, Epping, 10 Blackhorse Lane, North Weald.

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