Uco Ltd

Uco Ltd from Redditch UK: a small, active company founded 20 years ago, holds £18,301 in assets, operates from a virtual address, and is led by two directors and a single owner who is also the solo founder. The company’s been around a while, incorporated on December 02, 2004, and while it has a real address, sixteen companies share it, suggesting a virtual address.

Uco Ltd’s primary focus is retail sale via mail order houses or via internet, operating in the e-commerce space. It’s unclear if they have a dedicated website, but their business model points to online sales. They’re a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

Financially, Uco Ltd’s picture is mixed. Cash reserves increased by a significant 2100%, jumping to £9,900, which is a good sign. However, net assets decreased by 53%, landing at -£34,000, and creditors increased by 86% to £52,000. While cash is up, the negative equity and rising debts suggest the company is burning through money, possibly to fuel growth. Trade debtors also increased by 44%, meaning they’re waiting longer to get paid. The company is likely exempt from an audit due to its small size, so the figures are unaudited. It's a bit worrying, really.

Registered in England/Wales under the registration number 05302529, with a registered address at B97 4HP, England, Redditch, Estate House, Evesham Street.

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