Yokee Ltd

Yokee Ltd is a small, active company from Birmingham, UK, founded four years ago in January 2021. It’s a solo venture, run by a single director and owner, Salman Muhammad, and employs just one person. The company holds £2,131 in assets and has a real registered address. Yokee Ltd operates in the retail sale via mail order houses or via internet industries.

The company’s website, Yokee Music, focuses on music-related apps, particularly karaoke and piano learning tools. It highlights a mission to deliver entertainment through cutting-edge technologies and emphasizes a family-like culture among its team, calling themselves "The Yokeez." The site showcases apps like Yokee Karaoke and Yokee Piano Keys, alongside a broader portfolio of entertainment apps. It's clear the company is focused on the app market, and is building a brand around music and entertainment.

Financially, Yokee Ltd is showing some concerning trends. Cash bank on hand has plummeted a whopping 95%, dropping to just £160. Current assets have also decreased significantly, falling 75% to £2,100. While creditors have decreased by 25%, this doesn's necessarily indicate financial health. Perhaps the company is struggling to convert sales into cash. Loans from directors have increased by 13%, suggesting the company is relying on external funding to stay afloat. Net assets are down 1.8% to -£16,000. With no auditor mentioned, the unaudited accounts are director-reported.

It seems Yokee Ltd is burning through cash, and while it has a clear focus on its music apps, it needs to find a way to improve its cash flow and profitability. The company’s small size, however, allows for flexibility and quick adaptation—but the current trajectory suggests it needs to address these financial pressures soon.

Registered in England/Wales under the registration number 13159349, with a registered address at B3 1RB, England, Birmingham, Office C1, Grosvenor House, St. Pauls Square.

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