Yug & Yagn Ltd

Yug & Yagn Ltd from London UK: small company, active status, founded 8 years ago, 2 employees, £276,173 assets, virtual address, 1 director, 1 owner, solo founder. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £276,173. The company operates in the wholesale of electronic and telecommunications equipment and parts, the retail sale of mobile telephones, and the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, one director, and two employees.

The company’s website is currently unavailable, so it’s difficult to determine the specifics of its operations. However, based on the provided data, it seems likely that Yug & Yagn Ltd is involved in e-commerce, specifically focusing on the sale of electronic and telecommunications equipment. The retail sale of mobile telephones suggests a potential online store or mail-order service, while the wholesale aspect indicates potential business-to-business transactions. Without a working website, it’s impossible to confirm these assumptions or assess the scale of its online presence.

Financially, Yug & Yagn Ltd presents a mixed picture. Bank borrowings have increased significantly, rising by 43% to £66,000, while cash reserves have plummeted by 94%, leaving just £1,900. Creditors have also increased by 43% to £66,000. While debtors have risen considerably, by 190%, to £94,000, this could be a sign of increased sales but also a risk of non-payment. Equity has decreased by 12%, settling at £110,000. The company’s small size helps it remain flexible, but the decrease in cash and equity raises concerns about its financial stability. The accounts are unaudited, which is common for small companies, and there is no mention of an auditor. The company’s solo founder, Mandaliya Nimisha, is both the director and owner, which is not uncommon for startups.

Registered in England/Wales under the registration number 10727761, with a registered address at W1W 7LT, England, London, 85 Great Portland Street.

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