Unique Service Group Limited

Unique Service Group Ltd, based in Tiverton, UK, is a small, active family business founded six years ago. With five employees and £821,180 in assets, it operates from a real address and is managed by two directors and owners. The company regularly imports and exports toys, games, and sports equipment—a consistent pattern over the past 56 months for imports and 20 months for exports. It’s a fairly modest operation, meeting two of the three criteria to be classified as small (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees).

The company’s website, uniquegroupservices.co.uk, showcases a wide range of products, from cleaning supplies and PPE to barware and kitchenware. It operates as a distributor, offering a comprehensive selection for commercial and industrial customers across the UK. The site emphasizes a 100,000 square foot warehouse, nationwide delivery, and a commitment to customer service. It’s clear the company is focused on B2B sales, providing a one-stop shop for essential supplies.

Financially, Unique Service Group Ltd’s recent performance shows some concerning trends. Creditors have decreased, which is a good sign, but cash bank on hand has plummeted by 56% to £300,000. Bank borrowings have also increased, and net assets have risen by 34% to £260,000. It seems like the company is managing its debt, but the decrease in cash reserves is a potential red flag. The company’s fixed assets have increased significantly, which could indicate investments in equipment or infrastructure. There is no mention of an auditor, which is common for small companies.

Overall, Unique Service Group Ltd appears to be a stable, albeit somewhat cash-strapped, business. While the company’s financial figures show some volatility, its focus on customer service and comprehensive product range positions it well in the competitive B2B market. It will be interesting to see if the company can maintain its growth trajectory and improve its cash flow in the coming years.

Registered in England/Wales under the registration number 11831179, with a registered address at EX16 4NG, Tiverton, Devon, 20 Hartnoll Farm Post Hill.

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