Ultra Building Products Limited

Ultra Building Products Ltd, based in Newtownstewart, Northern Ireland, is a medium-sized company with an active trading status. Established 39 years ago in 1986, it employs 96 people and holds assets worth £15,909,696. The company generated revenue of £11,388,963 in its last reported year. It has a real registered address and is managed by three directors, though there are no owners listed. It boasts a stellar 5.0 Google rating from 19 reviews. The company is an irregular importer, primarily dealing in vehicles, parts, and accessories, with the last import operation occurring two months ago in December 2018.

Ultra Building Products Ltd operates in the manufacture of other fabricated metal products and the retail sale of goods not in stores. The company’s website is not currently available for review.

Financially, the company appears to be navigating a period of change. While cash reserves increased by a substantial 22%, reaching £12 million, net assets still decreased by 14%, settling at £16 million. Bank borrowings were eliminated, a positive sign, but administrative expenses remained steady. Creditors decreased by 20%, which is good for managing debt. The company’s turnover decreased by 8.4%, which may be a cause for concern. It’s worth noting that the company’s auditor, McAleer Jackson Ltd, signed off on the accounts.

Overall, Ultra Building Products Ltd seems to be a well-regarded company with a strong reputation, but the decline in turnover and slight decrease in net assets warrant further observation. The elimination of bank borrowings is a positive development, suggesting improved financial management.

Registered in Northern Ireland under the registration number NI019194, with a registered address at BT78 4EX, Newtownstewart, Co Tyrone, Deerpark Industrial Estate, Baronscourt Road.

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