Unilite Limited

Unilite Limited, a small holding company based in Hailsham, UK, has been operating for 38 years, founded in 06/16/1986. The company, which employs 23 people, holds assets totaling £3,673,233. It's an active business with a real address and is overseen by four directors and one owner. Unilite is a regular importer and exporter of electrical machinery and equipment, with 68 months of import activity and 36 months of export activity recorded, the latest operation made on February 01, 2025. The company operates in the wholesale of radio, television goods & electrical household appliances.

The company’s website, PowerToolMate, is a fully functioning e-commerce platform. It’s a comprehensive online store selling power tools, accessories, and related equipment from top brands like Milwaukee, Dewalt, Festool, and Makita. The site features a "Kit Builder" function, allowing customers to customize tool sets, and offers a wide range of products, from cordless drills to safety workwear. There's a strong emphasis on competitive pricing, with regular "flash deals" and special offers prominently displayed. The site also includes a blog with product reviews and advice, and a customer service section with FAQs and contact information.

Financially, Unilite Limited’s recent performance shows some concerning trends. Cash bank on hand decreased significantly by 49%, dropping to £390,000. Creditors increased by 32%, reaching £1,900,000, and other creditors increased by a whopping 310%, hitting £580,000. Trade debtors also rose by 30%, reaching £1,200,000. However, the company's net assets increased by 19%, reaching £2,000,000, and average employees increased by 4.3% to 24. The company's small size—meeting two of three criteria for being a small company—allows for agility, but the increase in debt and decrease in cash reserves suggest it's burning through money. The company's auditor, Ballards LLP, qualified the financial statements.

Registered in England/Wales under the registration number 02028529, with a registered address at BN27 3WA, England, Hailsham, Aspen Building, Apex Way.

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