Ultrasupport Services Limited

Ultrasupport Services Ltd from Letchworth Garden City UK is a small, active company founded seven years ago. With 29 employees and £4,193,636 in assets, it operates from a virtual address and is managed by three directors, though there are no listed owners. The company regularly imports machinery, boilers, and mechanical appliances—parts, with the last import activity occurring just five months ago. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

Ultrasupport Services Ltd positions itself as a “Channel Only Partner for Enterprise IT,” focusing on hardware support and maintenance. Its website highlights a vendor-agnostic approach, supporting over two thousand customer sites and hundreds of thousands of assets. The company offers a range of services, including data storage maintenance, server maintenance, and networking maintenance, catering to channel partners globally. It emphasizes its ability to provide tailored solutions, rapid response times, and high service level attainment—over 96%. The site also promotes sustainability through component reuse and data sanitisation services. The company’s blog features articles on topics like third-party maintenance and legacy IT systems.

Financially, Ultrasupport Services Ltd shows some interesting trends. Cash bank on hand increased dramatically by 190% to £1.2 million, a positive sign. However, corporation tax payable jumped significantly by 490% to £230,000, which could be due to increased profitability or a change in tax regulations. Creditors also increased by 11% to £3.4 million, and debtors decreased by 4.4% to £2 million. Equity saw a massive increase of 3,400% to £630,000, likely reflecting retained earnings. The company’s net assets liabilities also increased by 230% to £900,000. The lack of an auditor is typical for a small company, and the financial statements are unaudited. The directors list was changed twenty one days ago, which is a good sign.

Overall, Ultrasupport Services Ltd appears to be a growing business with a strong focus on channel partnerships and enterprise IT support. The significant increase in cash reserves is encouraging, but the rise in corporation tax payable warrants further investigation.

Registered in England/Wales under the registration number 11326471, with a registered address at SG6 9BL, United Kingdom, Letchworth Garden City, Herts, Suite 501 The Nexus Building, Broadway.

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