Udigital Ltd

Udigital Ltd from Hove UK: a small, active company founded twelve years ago, employs three people, and holds £432,250 in assets. It operates from a virtual address and is overseen by two directors and one owner. The company regularly imports clothing and accessories made by knitting or crocheting, with activity recorded over the last twelve months.

The company’s website paints a picture of a full-service digital agency, technically and creatively skilled. Udigital offers web development, media buying, campaign strategy execution, and a host of other services. It’s based in Fourways, South Africa, and founded in 2017, positioning itself as a small, independent agency focused on delivering analytically smart digital solutions. The website highlights a passion for impactful digital moments and results-driven campaigns, emphasizing a data-driven approach. It even boasts a portfolio of clients and a dynamic team.

Financially, Udigital Ltd shows some concerning trends. While current assets increased by 17% to £430,000, net assets decreased by 9.3% to £390,000. Bank borrowings decreased by 36% to £18,000, and cash reserves grew by 9.5% to £84,000. However, trade debtors increased significantly by 200%, suggesting potential issues with customer payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decrease in equity is something to keep an eye on. No auditor is mentioned, which is likely due to the company being exempt as a small business. The company reported four employees in 2023, up from three the previous year.

Registered in England/Wales under the registration number 08091882, with a registered address at BN3 2DL, Hove, East Sussex, 168 Church Road.

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