Ufh Direct Ltd

Ufh Direct Ltd from Plymouth UK is a small, active company founded eight years ago. With £141,769 in assets, it operates as an e-commerce site specializing in underfloor heating components and has a stellar 5.0 Google rating based on three reviews. The business is led by two directors and one owner, Campbell Jack, and employs no staff.

The company’s website, UFH Trade Direct, is a comprehensive online resource for underfloor heating systems. It offers a wide range of products, including multi-zone kits, pipes, manifolds, thermostats, and electric underfloor heating mats. The site also provides technical resources like datasheets, installation guides, and wiring diagrams. Customers can even request a free, same-day CAD design service for their underfloor heating layouts. The site also offers a credit account application and promotes itself as a supplier of manufacturer-direct prices.

Financially, Ufh Direct Ltd shows a mixed picture. Accumulated depreciation on motor vehicles decreased by 14%, while plant machinery saw a 14% increase. Bank borrowings were reduced by 47%, and cash reserves increased significantly by 160% to £14,000. However, creditors jumped by a massive 270% to £66,000, and net losses deepened. Trade debtors also increased by 16%, suggesting a potential issue with collecting payments. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the increase in creditors and losses needs to be monitored. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

Overall, Ufh Direct Ltd appears to be a well-regarded online retailer with a strong product offering. However, the financial data suggests the company is burning through cash, and it will be important to see if it can improve its profitability in the coming year.

Registered in England/Wales under the registration number 10562506, with a registered address at PL4 0ST, United Kingdom, Plymouth, Devon, Unit 69 Unit 69 Faraday Mill Business Park, Cattewater Road.

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