Universal Adhesive Systems Limited

Universal Adhesive Systems Ltd, based in Ipswich, UK, is a small, holding company with an active status. Established 22 years ago in 2003, it employs six people and holds £574,902 in assets. The company has four directors and one owner, and operates from a real address. It's a regular importer of machinery, boilers, and mechanical appliances; parts, with 82 months of import activity recorded, the latest in November 2024. Export activity is irregular, with just two months of activity recorded, the last in May 2023.

The company’s website, Universal Converting Equipment, showcases a range of converting equipment, including slitter rewinders, core cutters, and hot melt coating systems. It seems the company designs and builds its equipment in the UK, and provides worldwide support. The website also highlights a focus on customer support and UK craftsmanship. It's clear they are targeting commercial and industrial customers with their machinery.

Financially, Universal Adhesive Systems Ltd presents a mixed picture. Cash bank on hand increased significantly, jumping 230% to £210,000, while trade debtors decreased by 34%, falling to £160,000. Creditors increased by 49%, reaching £240,000, and net assets grew by 11% to £460,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility. The increase in bank borrowings, however, suggests a potential need for funds, and the decrease in debtors could be a concern. No auditor is mentioned, which is typical for small companies.

Overall, Universal Adhesive Systems Ltd appears to be holding its own, but the increase in debt warrants attention. The focus on converting equipment and customer support seems to be a key strength, and the company's long history suggests a degree of resilience—although the sharp increase in debt is something to keep an eye on.

Registered in England/Wales under the registration number 04723374, with a registered address at IP1 5AP, United Kingdom, Ipswich, Suffolk, B12 Farthing Road Industrial Estate.

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