Umicore Uk Ltd

Umicore Uk Ltd from Hertford UK is a large company, holding company, and active status, founded twenty-one years ago. It employs fifteen people and holds assets valued at £3,860,605. The company has a real address, three directors, and one owner. It regularly imports jewelry, precious stones, and metals (108 months imported) and exports similar items (19 months exported).

The company operates as part of the global Umicore group, focusing on materials technology and recycling. Its website highlights a broad range of activities, from battery materials and catalysis to recycling and specialty materials. Umicore’s core business revolves around providing solutions for global challenges, driven by megatrends like energy transition and sustainable resource management. It’s clear the UK arm plays a role in this wider ecosystem, though the website doesn’t explicitly detail its specific contributions. There’s a strong emphasis on innovation and sustainability, with mentions of environmental impact, responsible sourcing, and climate action.

Financially, Umicore Uk Ltd’s recent performance shows some concerning trends. Current assets decreased by 12% to £3.9 million, while net assets fell 20% to £540,000. Bank borrowings have increased significantly, rising 56% to £210,000, and cash reserves have declined 30% to £1.7 million. Creditors have also increased by 26% to £220,000. While the company meets the criteria to be considered a large company, with turnover exceeding £36 million and assets above £18 million, the decrease in cash and increase in borrowings suggests it might be burning through money. The lack of a mention of an auditor in the financial data—likely due to its size—means the figures are unaudited.

It's worth noting that the company's parent, Umicore International, is publicly traded, indicating a focus on investor relations and transparency. However, the UK arm’s financial performance warrants close monitoring, especially given the global economic headwinds.

Registered in England/Wales under the registration number 04781785, with a registered address at SG13 7AX, England, Hertford, Collier House, Mead Lane.

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