Yes Friends Brand Ltd

Yes Friends Brand Ltd is a small, active company based in Bedminster, UK, founded four years ago. With two employees and £128,192 in assets, it operates as a solo-founder venture with a single director and owner. The company runs an e-commerce site specializing in the retail sale of clothing, regularly importing clothing and accessories—not knitted or crocheted—for eleven months, with the last import occurring in December 2024.

The website, Yes Friends, showcases a commitment to ethical and sustainable clothing. It explicitly targets consumers wary of the fashion industry's exploitative practices, offering affordable alternatives to high-end brands. The site emphasizes fair trade, organic cotton, and solar-powered factories, appealing to environmentally and socially conscious shoppers. It’s clear they’re aiming to disrupt the industry by offering quality, ethical clothing at accessible prices. The site even has a blog with stories about the company and its mission, reinforcing its brand identity.

Financially, Yes Friends Brand Ltd presents a mixed picture. While cash reserves increased significantly by 150% to £85,000, net assets also increased by 100% to £110,000. However, the company’s retained earnings and accumulated losses decreased by 57% to -£42,000, which is a concern. Trade debtors rose by 69% to £26,000, suggesting potential issues with customer payments, and other inventories dropped by 61% to £17,000. The number of employees increased from two to three, which could be a sign of growth, but also increased costs. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the decrease in equity needs to be monitored. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, Yes Friends Brand Ltd seems to be navigating early-stage challenges while pursuing a compelling mission. The company's focus on ethical sourcing and affordable pricing could be a winning formula, but careful financial management will be crucial for long-term success.

Registered in England/Wales under the registration number 13247426, with a registered address at BS3 4AZ, England, Bedminster, Bristol, Willway Yard, Willway Street.

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