Yr Studio Ltd

Yr Studio Ltd, based in Wellington, UK, is a small, active company founded four years ago. With two employees and £24,040 in assets, it operates as an e-commerce site selling natural wax candles and rustic home decor, earning a respectable 4.0-star Google rating from 11 reviews. The company has two directors and two owners, but the address is probably virtual as eighty-five companies registered at the same address.

The website, YR Studio, showcases a range of handpoured candles inspired by the English countryside, alongside decorative items like metal jugs and ceramic pots. The site offers free UK shipping over £50 and caters to a wide range of gifting occasions, from baby showers to weddings. It also features a blog with slow-living content, highlighting hobbies and seasonal traditions. The company seems to be doing retail via mail order houses or via internet.

Financially, Yr Studio Ltd has seen some changes. Cash bank on hand dropped significantly by 45% to £15,000, and net assets declined by 44% to £13,000. Creditors decreased by 8.8% to £13,000, which is good, but bank overdrafts increased by 51% to £100. Trade debtors decreased by 73% to £740. The company meets two of the three criteria to be considered small, with turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The lack of a named auditor is common for small companies.

Overall, Yr Studio Ltd appears to be a small business with a niche product offering. While the company has seen some financial headwinds, its strong Google rating and focus on slow-living trends suggest it has potential for future growth—though the decrease in assets is something to keep an eye on.

Registered in England/Wales under the registration number 12734329, with a registered address at TA21 8QT, England, Wellington, 9 High Street.

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