Ultimation Direct Ltd

Ultimation Direct Ltd from Newark UK: a small, active company founded fifteen years ago, employs 42 people, and holds £1,970,836 in assets. It’s a real address with six directors and one owner, boasting a solid 4.0 Google rating from 30 reviews. The company is an irregular importer, primarily dealing with miscellaneous metal items, with its last import operation recorded just one month ago in December 2024.

The company operates in the manufacture of other fabricated metal products, a niche industry. It’s classified as a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company’s website is not available, so it’s difficult to determine if it operates an e-commerce platform.

Financially, Ultimation Direct Ltd presents a mixed picture. Accumulated depreciation for plant and machinery increased by 9.2%, while bank borrowings decreased by 10% and 14% respectively. Cash bank on hand grew by 10% to £340,000. Creditors decreased slightly, suggesting improved debt management. However, net assets increased by 11% to £1,400,000. Trade debtors decreased by 14%, which could indicate tighter credit control or slower customer payments. The company’s small size and lack of an auditor (likely exempt as a small company) mean the figures are unaudited.

The company’s financial trends suggest it’s navigating a stable, if not particularly rapid, growth phase. The increase in depreciation suggests ongoing investment in plant and machinery, while the decrease in bank borrowings points to improved financial discipline. It's a solid, if unspectacular, performer in its sector.

Registered in England/Wales under the registration number 07026586, with a registered address at NG24 2DX, England, Newark, Nottinghamshire, 14b Telford Drive.

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