Uko Shipping Ltd

Uko Shipping Ltd, based in Alton, UK, is a small, active company established twelve years ago in 2012. With four employees and £111,950 in assets, it operates from a real address and is managed by one director and two owners. The business is primarily a regular exporter of electrical machinery and equipment, with four months of export activity recorded, the last in December 2024. It’s an irregular importer, with no imports recorded in the last 20 months.

The company's website, ukoshipping.com, presents a professional image, showcasing a range of freight services including air transport. While the site lacks detailed information about specific clients or projects, it highlights a commitment to reliable and efficient logistics solutions. It’s a relatively simple site, suggesting a focus on functionality over elaborate design.

Financially, Uko Shipping Ltd’s recent performance reveals a mixed picture. Current assets have increased by a healthy 41% to £110,000, while net assets have jumped 59% to £160,000—a positive trend. However, bank borrowings have increased, and cash reserves remain relatively modest. Trade debtors have also seen a significant increase, potentially indicating delayed customer payments. The company meets two of the three criteria for being considered a small company: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There is no mention of an auditor, likely due to its small size.

The increase in debtors is a point to watch; it could be a sign of growing business, but also a potential risk if payments aren’t collected promptly. The company’s focus on freight air transport seems to be driving growth, but sustaining that momentum will depend on managing its finances carefully and maintaining strong customer relationships.

Registered in England/Wales under the registration number 08166325, with a registered address at GU34 2QA, England, Alton, Unit 7 Caker Stream Road.

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