Ymt Solutions Ltd
- Small
- Active
- 3 years
- £22,361 (assets)
- Real address
- 2 directors
- 1 owner
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Ymt Solutions Ltd from Milton Keynes UK: small company, active status, founded 3 years ago, £22,361 assets, real address, 2 directors, 1 owner, solo founder. It’s a small business, meeting two of three conditions to qualify – turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company operates in the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, two directors and no number of employees published.
The company’s website reveals a fascinating, specialized focus: supplying and supporting advanced CNC metal cutting solutions. It’s not a direct retailer of finished goods, but rather a distributor and service provider for high-end machining centres and related equipment from manufacturers like Hedelius, YCM, Erowa, and Goodway. The site showcases a wide range of products, from 5-axis machining centres to turning centres and automation systems, catering to industrial clients. It’s clear that Ymt Solutions isn's just selling machines; it's offering a complete package of support, including training, service, and spare parts. The website also highlights used machines and workholding tooling, suggesting a broader approach to serving the machining industry.
Financially, Ymt Solutions Ltd’s picture is a bit concerning. Current assets are low at £7,300, and net assets are negative at -£1,500. Bank borrowings are also quite high at £8,800. Cash reserves are only £3,000, which is a small amount for a business operating in a capital-intensive industry. The company’s small size and lack of employees (zero reported) mean it’s likely a lean operation, but the negative equity and reliance on bank borrowings suggest it’s struggling to generate sufficient revenue to cover its expenses. With no auditor mentioned, the unaudited figures are a bit of a red flag. It's possible the company is in a growth phase, reinvesting profits back into the business, but the numbers certainly warrant closer scrutiny.
Registered in England/Wales under the registration number 13423940, with a registered address at MK4 4LR, United Kingdom, Milton Keynes, 3 Calshot Drive, Kingdmead.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Kalal Srinivas Goud
- 3 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Kalal Srinivas Goud
- 3 years
-
Resident of United Kingdom
-
Individual
- Kalal Srinivas Goud
- 3 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Confirmation statement made on 2024-05-26 with no updatesDownload 3 pages pdf report
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Confirmation statement made on 2023-05-26 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2022-05-31Download 4 pages pdf report
FAQ about Ymt Solutions Ltd
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