Ubiqutus Ltd

Ubiqutus Ltd is a small, active company based in Bolton, UK, established six years ago in May 2018. With a single employee and £53,288 in assets, it operates from a real address and is managed by one director and owner, Argirakis John. The company is primarily involved in importing electrical machinery and equipment, with three months of import activity recorded as of June 2023. It also engages in irregular exporting of optical and medical tools and devices, with two months of export activity as of July 2024. The company operates in the manufacture of consumer electronics industries.

The company’s website is currently unavailable, so it’s difficult to ascertain whether it operates an e-commerce platform or primarily functions as a wholesale supplier. Without a website, it’s impossible to determine the scope of its online presence or customer base.

Financially, Ubiqutus Ltd presents a mixed picture. Current assets have decreased by 31% to £53,000, while net assets have fallen by 58% to just £140. Bank borrowings have decreased by 29% to £14,000, and cash reserves have plummeted 94% to a mere £1,200. Creditors have also decreased by 59% to £15,000, suggesting some improvement in debt management. The company meets two of three conditions to be classified as small: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 30 employees. The sharp decline in equity, however, raises concerns about the company’s financial health. As a small company, it’s exempt from an audit, so the figures are unaudited.

In short, Ubiqutus Ltd seems to be struggling financially, despite its active import and export activities. The lack of a website and the significant drop in equity suggest it may be facing challenges in scaling its business or maintaining profitability.

Registered in England/Wales under the registration number 11342609, with a registered address at BL05 3AX, Bolton, 9 King Street, Westhoughton.

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