Unitech Services Group Limited

UniTech Services Group Ltd, based in Crumlin, UK, is a sizable holding company with an active status, established 21 years ago. Employing 37 people and boasting £10,148,613 in assets, it operates from a real address and is overseen by one director and one owner. The company enjoys a stellar 5.0 Google rating based on three reviews. It regularly imports optical and medical tools and devices (for 19 months), and exports various textile products, sets, used clothing, and rags (for 12 months).

The company’s website paints a picture of a specialist provider of radiological decontamination and laundry services for the nuclear industry, alongside scaffold monitoring and recycling. It also offers a “Pool” service, and plans to expand into storage, transport, and non-nuclear customers. The website highlights a focus on technology, with mentions of “Q-Pulse” and other proprietary systems. A secondary business, 1066 Pianos, is also mentioned, indicating a diverse range of operations.

Financially, UniTech Services Group Ltd shows some concerning trends. Accrued liabilities and deferred income increased by 17%, while depreciation on plant and machinery decreased by 6.7%. Bank borrowings increased by 69%, and cash bank on hand grew by a substantial 16%. Net assets increased by 11%, and net profit rose by 38%. However, finished goods and goods for resale dropped by 24%, suggesting potential inventory management challenges. While the company meets two of three criteria to be considered a large company, the increase in liabilities and decrease in finished goods warrants further scrutiny. The company’s auditor is Azets Audit Services, and the financial statements are prepared under FRS 102. It’s worth noting that the company's senior statutory auditor is Tracey Richardson.

Overall, UniTech Services Group Ltd appears to be a well-regarded player in its niche market, but the financial data suggests a need to carefully manage liabilities and inventory levels to ensure continued success.

Registered in England/Wales under the registration number 05103812, with a registered address at NP11 3HY, United Kingdom, Crumlin, Newport, Unit 5 Oakwood Close, Pen-Y-Fan Industrial Estate.

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