YIP SHING LTD Financials
- Company number
- 05406660CopyCopy
- Registered office
- Unit 6a Morelands Trading Estate, Bristol Road, Gloucester, Gloucestershire GL1 5RZ
- Incorporated
- 29/03/2005
Company snapshot
- Status
- Active
- Employees
- 41 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
14.06%vs 20232023: £638.35K
Total Assets
8.09%vs 20232023: £2.15M
Cash in Bank
114.79%vs 20232023: £133.68K
Total Liabilities
5.57%vs 20232023: £1.51M
Employees
-20vs 20232023: 61
In 2024, YIP SHING LTD reported net assets of £728.10K. The same filing shows total assets of £2.33M, cash in bank of £287.15K and total liabilities of £1.60M. Reported headcount was 41 in 2024. Total Assets rose from £2.15M in 2023 to £2.33M in 2024 (8.09%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
14.06%from £638.35K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures YIP SHING LTD filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+21.7%vs 2022+10.3% a year compound (CAGR)
Cash in Bank
-34.6%vs 2022-19.2% a year compound (CAGR)
Total Assets
+9.6%vs 2022+4.7% a year compound (CAGR)
Total Liabilities
+4.9%vs 2022+2.4% a year compound (CAGR)
Employees
-12.8%vs 2022-6Biggest increase
Net Assets+21.7%
£598.28K in 2022 to £728.10K in 2024
Biggest decrease
Cash in Bank-34.6%
£439.29K in 2022 to £287.15K in 2024
YIP SHING LTD's filings pull in both directions between 2022 and 2024. The steepest rise came in net assets, pointing to a strengthening balance sheet, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from YIP SHING LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 31.31%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 68.69%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 17.97%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 12.35%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for YIP SHING LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 579.13K | 598.28K | 638.35K | 728.10K |
| Total Assets£ | 1.78M | 2.12M | 2.15M | 2.33M |
| Cash in Bank£ | 644.69K | 439.29K | 133.68K | 287.15K |
| Total Liabilities£ | 1.20M | 1.52M | 1.51M | 1.60M |
| Employees | 66 | 47 | 61 | 41 |
YIP SHING LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for YIP SHING LTD covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
YIP SHING LTD reported net assets of £728.10K for 2024. That compares with £638.35K in 2023, a change of 14.06%.
YIP SHING LTD reported total assets of £2.33M for 2024. That compares with £2.15M in 2023, a change of 8.09%.
YIP SHING LTD reported cash in bank of £287.15K for 2024. That compares with £133.68K in 2023, a change of 114.79%.
YIP SHING LTD reported 41 employees in 2024, compared with 61 in 2023.
Between 2022 and 2024, YIP SHING LTD's net assets rose by 21.7%, cash in bank fell by 34.6%, total assets rose by 9.6% and total liabilities rose by 4.9%. Net assets compounded at 10.3% a year across the two years to 2024, from £598.28K to £728.10K. Reported headcount went from 47 in 2022 to 41 in 2024 (-6).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.