Ying Trading Limited

Ying Trading Limited, based in London UK, is a small, active company founded 23 years ago in May 2002. With just two employees and £216,650 in assets, it's a solo-founded operation managed by one director and owner. The company operates an e-commerce site and boasts a perfect 5.0 Google rating from one review. It’s a regular importer of iron or steel products, with four months of import activity recorded as of October 2024.

The company's website reveals it operates in the wholesale of other machinery and equipment industries. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees. The address is probably real as only one company registered at the same address.

Financially, Ying Trading Limited shows a mixed bag. Cash reserves increased by a substantial 79%, reaching £200,000, a positive sign. However, creditors surged 160%, reaching £130,000, suggesting increased reliance on short-term debt. Trade debtors also increased by 41%, possibly indicating slower customer payments. Equity remained steady at £84,000, but a significant 48% drop in total inventories to £12,000 raises questions about stock management. Tax payable within one year increased dramatically by 480%, reaching £7,900. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data.

The company's growth is apparent, but the rising debt and declining inventory suggest it's burning through cash to maintain operations. Whether this is a temporary phase or a longer-term trend remains to be seen, but for now, Ying Trading Limited is betting on its import business and e-commerce presence to sustain its growth.

Registered in England/Wales under the registration number 04446331, with a registered address at NW2 7AX, England, London, 711 North Circular Road.

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