Ulo Optics Limited

Ulo Optics Limited, based in Stevenage, UK, is a sizable company with a history stretching back 42 years. Active and holding company status, it employs 22 people and manages assets totaling £3,371,029, generating a yearly revenue of £4,853,161. With five directors and one owner, the company maintains a real address and boasts a perfect 5.0 Google rating from two reviews. It’s a regular importer and exporter, specializing in optical and medical tools and devices, with 202 months of import activity and 253 months of export activity recorded.

The company’s website is currently unavailable, making it difficult to determine the specifics of their operations beyond the broad description of manufacturing optical precision instruments. It's unclear if they have an e-commerce presence or primarily operate through business-to-business channels.

Financially, Ulo Optics Limited shows a mixed picture. While turnover remained stable at £4,900,000, net assets decreased by 12%, settling at £980,000. Bank borrowings increased by 54%, reaching £29,000, while cash reserves fell 30% to £28,000. Creditors decreased by 18%, suggesting improved debt management. The company meets two of three criteria to be considered a large company, with turnover exceeding £36 million and balance sheet total exceeding £18 million, but it has less than 250 employees. The absence of an auditor mentioned likely means the company is exempt from a full audit.

Despite the decrease in net assets, the company's long history and consistent import/export activity suggest a stable business. The increase in bank borrowings could be attributed to investments in equipment or expansion of operations, but it's something to keep an eye on. The company’s strong Google rating indicates good customer satisfaction, which is a positive sign for their future.

Registered in England/Wales under the registration number 01682587, with a registered address at SG1 2UG, Stevenage, Hertfordshire, Unit 2 Caxton Place, Caxton Way.

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