Yorkman Group Ltd

Yorkman Group Ltd, based in Basildon, UK, is a small, active company founded six years ago in 2019. With two employees and £378,063 in assets, it operates from a real address and is overseen by two directors and owners. The company is an irregular importer, primarily dealing with optical and medical tools and devices, with just one month of import activity recorded as of August 01, 2024.

The company's website paints a picture of a versatile provider of electrical, mechanical, fire, and building fabric work. It highlights services ranging from electrical installations to fire safety systems, targeting both commercial and industrial clients. Yorkman Group also positions itself as a supplier to several large contractors, including CML, Taziker, and TFL, emphasizing reliability and expertise. A section dedicated to Instagram showcases project updates and behind-the-scenes glimpses, aiming to build brand awareness. Contact information is readily available, including a phone number and email address, along with a physical address and a dedicated email for inquiries.

Financially, Yorkman Group Ltd presents a mixed bag. While current assets increased by 230% to £380,000, net assets also jumped 65% to £320,000. However, cash bank on hand dropped 30% to £68,000. Trade debtors have exploded, increasing by a staggering 1,600% to £310,000, which could indicate challenges in collecting payments or an expansion of credit terms. Creditors, however, have risen significantly by 310% to £320,000. The number of employees reported has increased from two to seven, a substantial 250% rise, which might be a result of increased workload or expansion of services. The company is exempt from an audit, so the figures are unaudited.

Overall, Yorkman Group Ltd seems to be growing, but the surge in debtors and the decrease in cash reserves suggest it’s carefully managing its finances. The increased employee count indicates a period of expansion, and it's interesting to see how the company balances its growth with its financial stability.

Registered in England/Wales under the registration number 11752885, with a registered address at SS13 1QF, England, Basildon, 12 Josselin Road, Burnt Mills Industrial Estate.

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