Yu & Mi Company Ltd

Yu & Mi Company Ltd, based in London, UK, is a small, active company established ten years ago in 2015. With just one employee and £23,591 in assets, it operates from a virtual address shared by many other businesses—a bit strange, really. Two directors and one owner steer the ship, and the company runs an e-commerce site selling Japanese food products. It's an irregular importer, mainly bringing in cereal and milk-based food, with its last import operation dating back to November 2021.

The company’s website, Yu Mi Company, is dedicated to promoting healthy eating through traditional Japanese products. It specializes in dried konnyaku noodles and rice, alongside other items like natto, catering to customers seeking low-calorie, gluten-free, and vegan options. The site also features a blog with recipes and information about Japanese cuisine, showcasing its expertise in the field. It’s a nice touch, really.

Financially, Yu & Mi Company Ltd presents a mixed picture. Current assets have fallen by 28%, dropping to £24,000, while net assets are down 10%, now sitting at -£38,000. Cash reserves have also declined significantly, decreasing 27% to £4,400. Creditors have decreased by 8.7% to £62,000, which is good, but the negative equity is a concern. The company meets two of three conditions to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There's no auditor mentioned, which is common for small companies.

Overall, Yu & Mi Company Ltd seems to be facing some financial headwinds. While the e-commerce site appears active and well-maintained, the declining assets and negative equity suggest the company is burning through cash. Whether it can sustain its operations and turn a profit remains to be seen.

Registered in England/Wales under the registration number 09487034, with a registered address at EC1V 2NX, England, London, 124 City Road.

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