Cutting-edge Uk Limited

Cutting-edge Uk Limited, based in Wymondham, UK, is a small, active company established fifteen years ago. With a single employee and £78,991 in assets, it generates around £125,127 in yearly revenue. The company, overseen by one director and owner, maintains a perfect 5.0 Google rating based on a single review. It’s a regular importer of basic metal tools and utensils, with its most recent import operation occurring in April 2024. The company operates in the wholesale of agricultural machinery, equipment and supplies industries.

The company’s website is non-existent, so it’s difficult to ascertain if it operates an e-commerce platform or relies solely on wholesale channels. Without a website, it's impossible to determine the scope of its online presence or customer engagement strategies.

Financially, Cutting-edge Uk Limited presents a concerning picture. While turnover remained relatively stable at around £130,000, net assets plummeted by a staggering 760%, leaving the company with a negative equity of -£110,000. Cash reserves have dwindled to just £280, leaving the company with very little working capital. Bank borrowings have increased significantly, rising by 150% to £79,000, suggesting a reliance on debt financing. Creditors have also increased, rising by 150% to £79,000. Operating profit has fallen to -£110,000. 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 dramatic decline in equity is a significant red flag. The lack of an auditor, likely due to its small size, means the figures are unaudited.

The company's reliance on bank borrowings and the sharp decline in equity suggest it may be burning through cash faster than it’s generating revenue. The lack of an online presence could be a factor, limiting its reach and sales potential. While the company has a good Google rating, it’s based on a single review, which doesn’t provide a comprehensive picture of customer satisfaction.

Registered in England/Wales under the registration number 06971631, with a registered address at NR18 9JL, England, Wymondham, Unit 4e, Wymondham Business Centre Eleven Mile Lane, Suton.

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