Uk-ro Delivery Ltd

Uk-ro Delivery Ltd, based in Derby, UK, is a small, active company founded three years ago in June 2021. It’s a solo-founded operation with two directors and one owner, Morea Georgiana. The company holds just £1,513 in assets and has a real registered address. It’s a small business, meeting two of the three criteria: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company operates in a few different areas: retail sale of clothing in specialised stores, retail sale via stalls and markets, retail sale via mail order houses or internet, and as agents involved in the textile, clothing, fur, footwear and leather goods industries. It’s not clear if they have a website, but they are doing business.

Financially, Uk-ro Delivery Ltd’s situation is a bit concerning. Current assets have fallen significantly, dropping 83% to just £1,500. Cash reserves have also plummeted 99%, leaving just £13 in the bank. Creditors have decreased by 85%, which is a positive sign, but the large drop in equity—down 110%—suggests the company is burning through cash. Loans from directors have also decreased by 85%, and the company has a net assets liability of £84. The accounts are unaudited and were prepared by RLTP Accountants, and the company is exempt from an audit.

It seems like Uk-ro Delivery Ltd is facing some financial headwinds. While the company is small and agile, the significant decline in assets and cash reserves raises questions about its long-term sustainability. Perhaps they are reinvesting heavily in their business, or maybe they are struggling to generate sufficient revenue. It's hard to say for sure, but the numbers suggest a company that is under pressure.

Registered in England/Wales under the registration number 13464678, with a registered address at DE21 4LG, England, Derby, 26 Canterbury Street, Chaddesden.

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