Yuanfang Ltd

Yuanfang Ltd is a small, active company based in London, UK, established seven years ago in 2018. With six employees and £712,788 in assets, it operates from a real address in the City Business Centre. The company is led by a single director and owner, Liang Yunpeng, and is a regular exporter of clothing and accessories – not knitted or crocheted – with five months of export activity recorded as of October 2024.

The company’s website, salesyuanfang.com, reveals a focus on mold manufacturing and injection molding services for various industries, including automotive, medical, and electronics. It positions itself as a leading designer and manufacturer, offering expedited services and custom solutions. The site highlights its experience, quality assurance, and global reach, catering to clients in over 50 countries. It’s clear the company is operating a B2B service, not a direct-to-consumer ecommerce business.

Financially, Yuanfang Ltd shows a mixed picture. Current assets increased by a substantial 67% to £710,000, while net assets also rose by 89% to £130,000. Bank borrowings decreased by 24% to £32,000, and cash reserves grew by 17% to £310,000. However, creditors increased significantly by 64% to £690,000, and trade debtors ballooned by 200% to £360,000, suggesting potential issues with payment collection. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in creditors warrants closer monitoring. As a small company, it is exempt from an audit, so the figures are unaudited.

The growth in assets and cash reserves is encouraging, but the surge in both creditors and debtors indicates a need to manage finances more closely. It appears the company is expanding its operations, which could explain the increased financial pressure, but careful attention to cash flow will be essential for sustained success.

Registered in England/Wales under the registration number 11144607, with a registered address at SE16 2XB, England, London, Unit 39a St Olav's Court, City Business Centre, Lower Road.

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