Yellow River Ltd

Yellow River Ltd from Cardiff UK: a small, active company founded eight years ago, is currently facing some financial and reporting delays. Accounts are overdue by eight months, and the confirmation statement is a year behind. Despite this, the company holds £293,901 in assets and operates from a real address with one director and no officially declared owners. It’s an irregular importer, primarily dealing in clothing and accessories made by knitting or crocheting, with just one month of import activity recorded as of August 2020.

The company’s website is not available, making it difficult to determine the full scope of its operations. However, it appears to be involved in the wholesale of clothing and footwear industries. The business operates with a single director, Islam Md Rafiqul, who has held the position since the company’s inception.

Financially, Yellow River Ltd presents a mixed picture. While cash reserves increased by 10% to £79,000, creditors remained steady at £65,000. Current assets are stable at £290,000, and equity has grown by 33% to £29,000, a positive sign. However, net assets and liabilities also increased by 3.2% to £230,000. Trade creditors have remained consistent at £30,000. The company’s small size—meeting two of three conditions for being classified as small (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees)—allows for flexibility, but the overdue filings suggest potential management challenges. The accounts are unaudited, likely due to the company’s small size and exemption from mandatory auditing. It seems like the company is holding steady, but could benefit from addressing its reporting delays.

Registered in England/Wales under the registration number 10456840, with a registered address at CF14 8LH, Cardiff, 10456840 - COMPANIES HOUSE DEFAULT ADDRESS.

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