Unified Incentives Uk Ltd

  • Active
  • Small
  • 8 years
  • 2 employees
  • £3,561,324 (assets)
  • Virtual address
  • 2 directors
  • 1 owner
  • Solo founder

Field of Operation

Retail sale via mail order houses or via Internet
47910 205607 companies

Social media

Summary

Unified Incentives Uk Ltd is a small, active company based in Ashton Under Lyne, UK, founded eight years ago in 2016. The company employs just two people and boasts assets of £3,561,324. It operates from a virtual address, registered at Booth Street Chambers, which is shared by seventeen other companies, and is managed by two directors, with one owner – the solo founder. The company's primary focus is retail sale via mail order houses or via internet.

The company's website highlights its suite of products designed to simplify rewards and incentives for clients, customers, and employees. Key offerings include GiftPay (electronic gift card delivery), ClickPrize (instant digital scratch cards), and Easy Benefits (customizable employee recognition certificates). These services aim to cut costs and improve program ROI by eliminating the hassle of traditional rewards like gift cards and prizes. The company emphasizes privacy for end users, with minimal data collection and integration with its own egift platform, RewardsWallet.

Financially, Unified Incentives Uk Ltd appears to be in a healthy position. Cash bank holdings increased by a significant 39% to £3.1 million, while current assets grew by 8.6% to £3.6 million. Equity also saw a notable increase of 36%, reaching £1.1 million. However, trade debtors decreased by a substantial 64%, dropping to £280,000, which could indicate a change in payment terms or a slowdown in collections. The company’s small size—meeting two of three conditions for being considered small—allows for agility, but the decrease in debtors is something to keep an eye on. The accounts are unaudited, likely due to the company’s small size, and no auditor is mentioned.

While the company’s financial health looks good, it's worth noting that the directors’ loan account saw a decrease in specific advances and credits, suggesting a change in the directors' financial relationship with the company. The company’s focus on innovative reward solutions and its in-house technology development position it well for continued growth, but managing debtor collections will be key to maintaining its financial stability.

Registered in England/Wales under the registration number 10354856, with a registered address at OL6 7LQ, United Kingdom, Ashton Under Lyne, Lancashire, Booth Street Chambers, 32 Booth Street.

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

Owners & PSC

  • 8 years
  • 75%+
  • 🇬🇧

Managers

  • 8 years
  • 🇬🇧
Managing director
  • 8 years
  • 🇦🇺
Manager

Last reports

Download the last financial report
Download the last confirmation report
* may contain a full shareholder list

Last news

  1. Unaudited abridged accounts made up to 2024-06-30
  2. Confirmation statement made on 2024-08-31 with no updates
  3. Unaudited abridged accounts made up to 2023-06-30
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