Uk Loco Limited

Uk Loco Limited, based in Stratford Upon Avon, UK, is a small, active company founded twenty years ago in 2004. Employing twenty-five people, it holds assets valued at £701,800 and operates from a real address. With four directors and two owners, the company is a regular importer of toys, games, and sports equipment (eight months of imports) and a regular exporter of iron or steel products (nine months of exports).

The company’s website reveals a fascinating, niche operation: the recreation of a North Eastern Railway locomotive. Uk Loco Limited is dedicated to building a full-size, prototypical North Eastern Railway Class O, LNER Class G5, 0-4-4 Passenger Tank Locomotive. The project aims to address a shortage of first-class steam locomotives for heritage railways, offering a solution for smaller trains and potentially attracting increased revenue. The company’s website highlights its commitment to British craftsmanship and heritage, with a focus on attracting enthusiasts and supporting heritage railways.

Financially, Uk Loco Limited presents a mixed picture. Current assets have increased by 31% to £700,000, while net assets have risen by 27% to £350,000. However, bank borrowings have increased significantly by 33%, reaching £150,000, and cash reserves have fallen by a substantial 99%, leaving only £380. Trade debtors have increased dramatically by 130%, suggesting potential issues with customer payments. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the large increase in debt warrants attention. As a small company, Uk Loco Limited is exempt from an audit, and the financial statements are unaudited.

Overall, Uk Loco Limited appears to be growing, but it's also burning through cash. The ambitious locomotive project, while exciting, may be straining the company’s resources. It's possible the company is investing heavily in materials and construction, but the sharp decline in cash reserves suggests a need to carefully manage expenses and secure additional funding.

Registered in England/Wales under the registration number 05318128, with a registered address at CV37 8JN, Stratford Upon Avon, Warwickshire, Apple Tree Cottage, Milcote Road Milcote.

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