Yes Response Limited

Yes Response Limited, based in Uttoxeter, UK, is a small, active company founded 23 years ago in 2001. With ten employees and £263,110 in assets, it's a family-run business led by a solo founder, Hanley David, and overseen by two directors, Karen Elizabeth Dyche. The company operates from a real address and is registered as a private limited company. It’s a bit of a mixed bag, importing printed materials like books and newspapers for about a month each year, and exporting toys, games, and sports equipment for two months.

The company’s website highlights its role as an energy efficiency expert, offering advice and funding support to households and installers. They run a “YES Advice Line” accessible to everyone, providing guidance on energy saving tips, understanding bills, and making homes more efficient. They also offer services related to insulation, boilers, and renewable energy sources, and even boast a mobile advice centre. Case studies showcase successful installations of boilers, solar panels, and external wall insulation, demonstrating a focus on helping vulnerable people save money and reduce their energy bills. They’ve even won six awards at the National Energy Efficiency Awards.

Financially, Yes Response Limited is showing some concerning trends. Accrued liabilities increased by 13%, while cash reserves plummeted 71% to £18,000. Bank borrowings jumped 51%, reaching £29,000, and net assets decreased by 11% to £12,000. Trade debtors remained steady, but creditors decreased by 10%, suggesting a slight improvement in 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 nimble, but the sharp decline in cash reserves and equity is a worry. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

The company seems to be doing well in its core mission of helping people save energy, but the financial data suggests it may be burning through cash faster than it’s bringing it in. Whether it can sustain this level of activity without additional funding remains to be seen.

Registered in England/Wales under the registration number 04271965, with a registered address at ST14 8HU, Uttoxeter, Staffordshire, The Hub, Dovefields.

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