Ubx Global Limited

Ubx Global Limited is a small holding company based in London, UK, with an active status. Founded five years ago in December 2019, it employs just three people and holds £260,410 in assets. The company operates from a virtual address, registered with 380 other companies, and is overseen by three directors and one owner.

Ubx Global Limited focuses on retail, specifically the sale of sports goods, fishing gear, camping goods, boats, and bicycles, both online and through mail order. It also engages in leasing intellectual property. The company's website, UBX Boxing Strength, promotes a gym franchise offering boxing and strength training programs. The website highlights flexible training times, a coaching system, and a community-focused approach, encouraging potential customers to "find a gym and join the world's fastest growing boxing community." It’s clear the company is heavily invested in this fitness franchise model.

Financially, Ubx Global Limited presents a mixed picture. Accumulated amortisation of intangible assets increased by 67%, while depreciation of property, plant, and equipment surged by a substantial 240%. Cash bank on hand decreased by 35%, dropping to £42,000, and creditors increased by 43% to £690,000. Net assets, however, plummeted by 65%, landing at -£410,000. While current assets grew by 26% to £260,000, trade debtors ballooned by 85%, suggesting potential issues with customer payments. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the significant equity decline raises concerns. The lack of an auditor mentioned—likely due to being exempt as a small company—means these figures are unaudited.

Overall, Ubx Global Limited seems to be burning through money, with a negative equity position and declining cash reserves. The company’s focus on the UBX franchise model and its growing creditor base suggest it's investing heavily in its growth, but whether this will translate into profitability remains to be seen.

Registered in England/Wales under the registration number 12350456, with a registered address at W1B 3HH, England, London, 3rd Floor 207 Regent Street.

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