Ultimate Enterprises Group Ltd
- Small
- Active
- 4 years
- 3 employees
- £29,189 (assets)
- Virtual address
- 2 directors
- 1 owner
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Ultimate Enterprises Group Ltd is a small, active company registered in London, UK, founded four years ago in 2021. It operates with a virtual address, a solo founder, and two directors, holding assets of £29,189. The company’s activities span a diverse range, including acting as agents for various goods, retail sales via mail order and internet, managing real estate, and even motivational speaking – a rather eclectic mix.
The company’s website, uthomasco.com, points to a business focused on selling goods, with a distinct emphasis on "Ultimate Toys" and "Ultimate Stay" – suggesting a potential expansion into leisure and entertainment. The site’s design is simple, with clear navigation and contact information, and a bottom-of-page copyright notice. It’s clear they’re trying to build a brand.
Financially, Ultimate Enterprises Group Ltd presents a mixed picture. While current assets have increased by a respectable 48% to £29,000, key indicators like cash reserves have fallen significantly – dropping 73% to just £560. Borrowings have also increased, and creditors have decreased, which is a good sign. Equity has seen a substantial boost, rising 87% to £15,000, likely due to retained earnings. Despite this, the sharp decline in cash reserves suggests the company may be burning through money faster than it’s earning it. It’s a small company, meeting two of three conditions for being small, but the figures suggest it's working hard to stay afloat. There’s no mention of an auditor, which is common for companies of this size.
Overall, Ultimate Enterprises Group Ltd seems to be a fledgling business navigating the challenges of early-stage growth. The diverse range of activities and the website’s branding efforts indicate ambition, but the financial data suggests a need for careful cash flow management.
Registered in England/Wales under the registration number 13200061, with a registered address at EC1V 2NX, United Kingdom, London, 128 City Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Thomas Candy
- 4 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Thomas Phillip Adrian
- 1 year
- 3
-
Resident of United Kingdom
-
Individual
- Thomas Candy
- 4 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Total exemption full accounts made up to 2024-02-28Download 7 pages pdf report
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Confirmation statement made on 2024-05-24 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-02-28Download 8 pages pdf report
FAQ about Ultimate Enterprises Group Ltd
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