Ytech Solutions Ltd

Ytech Solutions Ltd, based in Reading, UK, is a small, active company founded five years ago in 2019. With just one employee and £3,898 in assets, it's a solo founder operation led by a single director and owner. The company holds a stellar 5.0 Google rating from 28 reviews, indicating high customer satisfaction. It operates from a real address and is registered as a private limited company.

Ytech Solutions Ltd’s activities encompass retail sales via mail order and the internet, alongside information technology consultancy services. The company’s website is currently unavailable, so it’s difficult to ascertain the specifics of its online presence and e-commerce capabilities.

Financially, Ytech Solutions Ltd shows some interesting trends. Cash on hand increased significantly, jumping by 3,800% to £3,900. However, current assets decreased by 4% to £3,900, and net current assets liabilities also fell by 26% to £2,700. Creditors decreased by 38%, which is a positive sign, but taxation and social security payable spiked by a staggering 5,200% to £250. Debtors remained steady at £4,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the fluctuating cash flow and increased tax liability suggest a need for careful financial management. The company’s accounts are audit exempt, with an accountant’s report.

Overall, Ytech Solutions Ltd appears to be navigating a period of change. While the high Google rating suggests a strong customer base, the financial data indicates a need for closer monitoring of expenses and cash flow.

Registered in England/Wales under the registration number 12286103, with a registered address at RG2 0DA, United Kingdom, Reading, 8 Ruston Close.

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