Uk Sculptures Ltd

Uk Sculptures Ltd, based in Newport, UK, is a small, active company founded ten years ago in 2014. With just £57,032 in assets and a single employee, it’s a lean operation managed by one director and owner. The company operates in the retail sale via mail order houses or via internet, and has a registered address that's probably virtual, as fourteen companies share the same location.

The company’s website, while minimal, confirms its focus on sculpture sales. It’s an e-commerce business, selling a variety of sculptures and related items. While the site is functional, it lacks detailed product descriptions and high-quality images—a common trait for smaller online retailers.

Financially, Uk Sculptures Ltd presents a mixed picture. Current assets have fallen significantly, dropping 54% to £57,000. Bank cash has also plummeted 55%, down to £49,000. Debtors have also decreased, falling 61% to just £3,200. However, creditors have also decreased, falling 41% to £85,000. Equity has seen a dramatic downturn, dropping 3700% to -£12,000. It’s a big change from the previous year. The company meets two of three criteria to be classified as small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no auditor mentioned, which is expected for a small, exempt company.

The sharp decline in equity is concerning. While the company’s small size allows for agility, the significant losses suggest it’s burning through cash faster than it’s generating revenue. It’s possible the company is facing increased competition or struggling to attract customers. The lack of employees, and the reliance on a single director, could also be limiting its growth potential. It’s a bit worrying, really.

Registered in England/Wales under the registration number 09151889, with a registered address at HU15 2PX, Newport, East Yorkshire, Frogowse, Station Lane.

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