Ymd Plant Machinery Limited

Ymd Plant Machinery Ltd from London UK: a small, active company founded 16 years ago, is facing some financial headwinds. Despite a solid 5.0 Google rating based on one review, the company has overdue accounts and confirmation statements, and operates with just one employee. Its assets total £125,158, and it uses a virtual address, registered to an address shared by 47 other companies. The business is led by one director and owner, El Massri Yahya. It’s an irregular importer of machinery, boilers, and mechanical appliances, with recent activity recorded just one month ago.

The company’s website showcases a focus on plant machinery sales and parts, alongside a plant machinery hire service. It also offers expertise in JCB parts, with a dedicated section for JCB parts and a featured list of top-selling machinery. The site emphasizes “superior quality” and “timeless machines,” highlighting its 38 years of experience in the plant machinery sector. It even offers a “sustainable machinery” option, appealing to environmentally conscious buyers.

Financially, Ymd Plant Machinery Ltd presents a mixed picture. Accumulated depreciation has increased by 13%, and bank borrowings remain steady at £44,000. However, the bank overdraft has significantly decreased by 69%, and creditors have fallen by 29%. While current assets have risen by 21%, the company’s equity has slightly decreased by 1.4%. Net current assets and liabilities have increased substantially, suggesting a possible need for improved cash flow management. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the decline in equity warrants closer scrutiny. No auditor is mentioned, as the company is exempt due to its size, and the figures are unaudited.

It’s clear that Ymd Plant Machinery Ltd is navigating a period of change. While the website suggests a focus on customer service and a range of services, the financial data hints at a need to carefully manage costs and maintain a strong cash position.

Registered in England/Wales under the registration number 06781853, with a registered address at N3 1DP, London, 311 Regents Park Road.

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