U2 Services Ltd

U2 Services Ltd, based in London, UK, is a small, active company founded seven years ago. It holds £6,171 in assets and operates from a real address, managed by a single director and owner – the solo founder, Ryan Liu. The company’s activities span retail sales via mail order and internet, sea and coastal freight water transport, management consultancy, and other business support services.

The company’s website highlights its focus on equipment rental for conferences and events, offering a wide range of items from photocopiers and shredders to mobility scooters and charging lockers. It positions itself as a specialist, partnering with Canon UK and Hamilton Rentals to provide comprehensive solutions. The site’s layout, while functional, feels a little dated, and the contact form currently isn’s working due to a Google reCAPTCHA issue.

Financially, U2 Services Ltd presents a mixed picture. Cash bank on hand increased significantly by 150% to £5,800, a positive sign. However, net assets declined by 170% to -£5,300, a substantial drop. Creditors surged by 170% to £11,000, and loans from directors completely disappeared, dropping 100% to zero. While the company’s small size (meeting two of three conditions for a small company) allows for agility, the decline in equity is concerning. The accounts are described as “filleted” and unaudited, and no auditor is mentioned, which is typical for companies of this size.

The increase in creditors and the decrease in equity suggest the company may be burning through cash to maintain operations. It’s possible that the company is investing in growth or facing increased expenses. The lack of employees (just one reported) indicates a lean operation, but the financial pressures could pose a challenge going forward.

Registered in England/Wales under the registration number 11228973, with a registered address at SW14 7RJ, England, London, 3 Carlton Road.

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