Ubesto Limited

Ubesto Ltd, based in Brierley Hill, UK, is a small, active company founded eight years ago in 2016. With a single employee and £827,851 in assets, it operates from a real address and is led by a solo founder who also serves as director and owner. The company regularly imports electrical machinery and equipment—a consistent pattern over the past 41 months, with the latest import occurring in December 2024—while exporting these same items sporadically, with just two months of export activity recorded as far back as July 2022.

The company’s website, Ubesto Ltd, positions itself as a distributor of mobile phones and accessories, supplying over 800 companies worldwide. It emphasizes experience, expertise in global distribution, and a personalized approach to customer demands, offering products from major brands like Samsung, Apple, Huawei, Xiaomi, and Motorola. The site also highlights a product sourcing service, extending beyond mobile phones to include consoles and personal protective equipment. A separate mention of “Ubesto Partners” suggests a network of suppliers.

Financially, Ubesto Ltd presents a mixed picture. While current assets increased by a significant 220% to £830,000, net assets plunged 890% to -£470,000. Bank borrowings rose by 4.2% to £75,000, and cash reserves decreased by 20% to £26,000. Trade creditors, however, increased dramatically by 370% to £1,300,000, which could indicate an expansion of operations or a reliance on credit. The company meets the criteria for a small business, with turnover below £10.2 million, assets under £5.1 million, and only one employee. No auditor is mentioned, likely due to the small company exemption.

The company’s sharp equity drop is a cause for concern, suggesting it’s burning through cash. While the website projects a successful distribution business, the financials reveal a company facing financial pressures. It’s unclear whether the company is in a healthy state, but the financial reports suggest it needs to watch its spending.

Registered in England/Wales under the registration number 10229148, with a registered address at DY5 3UP, England, Brierley Hill, Unit 14b Cookley Wharf Industrial Estate, Leys Road.

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