Unicook Ltd

Unicook Ltd from Woking UK: small company, active status, founded 18 years ago, 3 employees, £207,455 assets, real address, 3 directors, 1 owner. Regular importer of electrical machinery and equipment (11 months imported). Unicook is primarily known for its "Stove Guard Experts" brand, specializing in preventing hob fires. 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, employees less than 50. The company’s website details a focus on BS EN 50615 compliance, offering various stove guard models (wall-mounted, hood-mounted, ceiling-mounted) and catering to accommodation providers, fire services, and domestic users.

The company’s core business revolves around the Airis stove guard, a device designed to cut off power to hobs in the event of a fire risk. The website showcases a range of applications, including flats, student accommodation, and retirement living, emphasizing safety and compliance with building regulations. It even offers CPD presentations on BS EN 50615, targeting architects, designers, and fire safety professionals. The site is well-structured, featuring case studies, documentation, and a comprehensive FAQ section, indicating a commitment to customer support and technical information.

Financially, Unicook Ltd’s report presents a mixed picture. Current assets have fallen by a significant 43%, dropping to £210,000, while net assets have declined by 61%, settling at £20,000. Bank borrowings have decreased by 48%, to £11,000, and cash reserves have plummeted 99%, leaving just £10,000. Debtor levels have fallen dramatically, by 83%, to £29,000, which could indicate improved collection efforts, but also potentially reduced sales. Creditors have also decreased, by 48%, to £11,000. The company’s small size helps it remain nimble, but the sharp decline in equity raises questions about its financial health. The lack of an auditor mentioned, likely due to its small size, means the figures are unaudited.

Overall, Unicook Ltd appears to be navigating a challenging financial period, despite its strong brand positioning and focus on a niche safety product. The company’s reliance on a single product line and its vulnerability to economic fluctuations are potential risks. The decrease in cash reserves is a particular concern, and the company may need to explore options for securing additional funding or improving its cash flow management.

Registered in England/Wales under the registration number 05837028, with a registered address at GU21 4SZ, Woking, Surrey, 66 High Street, Horsell.

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