U-fit Solutions Ltd
- Small
- Active
- 6 years
- 2 employees
- £111,930 (assets)
- Real address
- 2 directors
- 2 owners
- Irregular importer
- Regular exporter
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
U Fit Solutions Ltd from Newcastle Under Lyme UK is a small, active company founded six years ago. It employs two people and holds £111,930 in assets, operating from a real address. With two directors and two owners, the company is a irregular importer of furniture, lighting, and prefabricated buildings (imported for two months), and a regular exporter of optical and medical tools and devices (exported for eight months).
The company’s website, UScribe Jig, showcases a range of installation accessories for kitchens and bedrooms. It’s clear the business focuses on providing tools to simplify fitting tasks, with products like jigs, markers, and containers designed to improve accuracy and productivity. The site is a fully functioning e-commerce platform, allowing customers to browse products, add them to a cart, and complete purchases. There’s a strong emphasis on visual content, with product demonstrations and customer testimonials highlighting the benefits of the tools. The site also features a blog with helpful tips and advice for installers, further establishing the company as a knowledgeable resource in the industry.
Financially, U-fit Solutions Ltd shows some concerning trends. Accrued liabilities have increased significantly, rising by 160%, while property, plant, and equipment have also seen a substantial increase. Cash bank on hand, however, has improved by 88%. Net assets have decreased slightly, and prepayments and accrued income have risen dramatically. While the company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) offers flexibility, the increase in liabilities suggests a possible need for careful cash flow management. The lack of an auditor mentioned (likely exempt as a small company) means the financial information is unaudited.
Overall, U-fit Solutions Ltd appears to be a niche supplier operating in a competitive market. While the e-commerce platform and product range are well-developed, the financial data indicates a need for close monitoring and potential adjustments to ensure long-term sustainability.
Registered in England/Wales under the registration number 11669908, with a registered address at ST5 2PU, United Kingdom, Newcastle Under Lyme, Staffordshire, 13 Westlands Avenue, Westlands.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 6 years
- 3
- 25%+
-
Resident of United Kingdom
-
Individual
- 6 years
- 3
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 6 years
- 3
-
Resident of United Kingdom
-
Individual
- 6 years
- 3
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Previous accounting period shortened from 2024-11-30 to 2024-10-31Download 1 page pdf report
-
Confirmation statement made on 2024-11-08 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-11-30Download 10 pages pdf report
Importer profile by HS codes
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Exporter profile by HS codes
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FAQ about U-fit Solutions Ltd
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