Yimy Ltd

  • Small
  • Active
  • 7 years
  • 3 employees
  • £62,479 (assets)
  • Virtual address
  • 1 director
  • 1 owner
  • Regular importer
  • E-commerce
  • Rating 5.0 (1)

Field of Operation

Retail sale via stalls and markets of textiles, clothing and footwear
47820 7337 companies

Website

Summary

Yimy Ltd, based in London, UK, is a small, active company established seven years ago. With three employees and £62,479 in assets, it operates from a virtual address shared by 160 other companies, a fact that raises some eyebrows. The company is led by a single director and owner, Giorgia Grosso, and enjoys a perfect 5.0 Google rating based on one review—a testament to its niche appeal. Yimy Ltd specializes in importing clothing and accessories made by knitting or crocheting, with a consistent import history spanning ten months, the latest operation in February 2025.

The company’s website, YIMY made in Italy, showcases a focus on high-end, Italian-made cashmere and knitwear. It’s clear they're operating an e-commerce business, offering a curated selection of styles, often one-size-fits-all, with customization options. They emphasize craftsmanship and tailoring, using past techniques to create unique, limited-edition pieces. The website highlights collaborations with small tailoring and knitting laboratories, and even mentions sourcing yarns from prestigious suppliers like Cariaggi, Cardiff, and Loro Piana. It's a clear attempt to position themselves as purveyors of luxury and bespoke fashion.

Financially, Yimy Ltd presents a mixed picture. Current assets increased by 19% to £62,000, while cash reserves saw a healthy 85% jump to £5,900. Creditors decreased by 18%, indicating improved debt management. However, debtors plummeted by 64%, suggesting potential issues with collecting payments, or perhaps a shift in credit terms. Equity grew by 37%, with retained earnings accumulating, but trade debtors are a concern. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decrease in debtors should be monitored. As a small company, it's exempt from an audit, so the figures are unaudited.

Overall, Yimy Ltd appears to be a small, specialized business with a strong online presence and a focus on quality. While the decrease in debtors is a point of concern, the increase in cash reserves and overall assets suggests the company is holding its own, and the focus on luxury Italian knitwear could be a recipe for continued success.

Registered in England/Wales under the registration number 11284015, with a registered address at EC4N 8AL, England, London, 13 St. Swithin's Lane,, 2nd Floor,.

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

Owners & PSC

  • 7 years
  • 75%+

Managers

  • 7 years
Director

Last reports

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Last news

  1. Change of details for Mrs Giorgia Grosso as a person with significant control on 2025-03-25
  2. Director's details changed for Mrs Giorgia Grosso on 2025-03-25
  3. Director's details changed for Mrs Giorgia Grosso on 2025-03-25
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Importer profile by HS codes

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Last imported products

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Buy the list of 6015 UK B2B buyers of clothing and accessories, not knitted or crocheted.
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