Status-uk Ltd

Status-uk Ltd is a small, active company based in Bradford, UK, established four years ago. It’s a solo founder operation with one director and one employee, holding assets of £8,565. The company operates in the retail sector, specifically through mail order and online sales of lighting and electrical accessories.

The business, trading as Status International UK, boasts a substantial warehouse and distribution center, a design studio, and a laboratory, suggesting a focus on quality control and product development. The company’s website highlights a wide range of products, from light bulbs and electrical accessories to heating, cooling, and small domestic appliances. It also emphasizes a commitment to ethical trading, waste disposal, and modern slavery act compliance. The company’s history stretches back over 30 years, run by father and son, Peter and Nicholas McVeigh.

Financially, Status-uk Ltd shows some concerning trends. While cash reserves increased by a substantial 130% to £7,800, creditors decreased by 55% to £10,000. Trade debtors, however, fell by a significant 78% to just £650. Net assets, despite a rise in property, plant, and equipment, plummeted 450% to £11,000. The company’s small size (meeting two of three criteria for a small company) helps with agility, but the sharp decline in equity warrants attention. The company is exempt from an audit, so the financial statements are unaudited. It's possible the company is reinvesting heavily into its business, but the drop in net assets is something to keep an eye on.

Registered in England/Wales under the registration number 13062056, with a registered address at BD2 1FQ, United Kingdom, Bradford, West Yorkshire, 124 Poplars Park Road.

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