Udo Ltd

Udo Ltd, based in Cardiff, UK, is a small, active company founded 17 years ago. Employing six people, it holds £989,449 in assets and operates from a real address. With three directors and two owners (likely a family business), it has a 3.0 Google rating based on just two reviews. The company regularly imports miscellaneous metal items, with its last import operation made in August 2024. It operates in the amusement and recreation industries.

The company’s website, UDO Global, is dedicated to the world of street dance competitions. It’s a hub for dancers of all ages and abilities, offering events across the UK, Europe, America, Africa, and Asia. The site is a comprehensive resource, with a calendar of events, registration details, rankings, and even video tutorials. It seems like a vibrant community, with a strong emphasis on membership and participation. The site also promotes the British Dance Festival, the UDO European Championships, and the prestigious UDO World Championships.

Financially, Udo Ltd shows some interesting trends. Accumulated amortisation for computer software increased by 3.5%, while depreciation for motor vehicles remained flat. Bank borrowings decreased by 33%, and cash reserves fell by 15%. Creditors decreased by 2.8%, and net assets increased by 25%. The company's average number of employees increased by 33%, suggesting growth. It’s a small company, meeting two of three conditions for that designation. With no auditor mentioned, the financial statements are unaudited.

The increase in bank borrowings and decrease in cash reserves could indicate the company is investing in its events and marketing efforts. However, it’s important to monitor these trends to ensure the company maintains financial stability. Overall, Udo Ltd appears to be a thriving business, bringing together dancers from around the world—though it’s important to keep an eye on the finances.

Registered in England/Wales under the registration number 06439256, with a registered address at CF14 0SF, Cardiff, S Glam, The Pines Lisvane Road, Lisvane.

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