Universal Aids Limited

Universal Aids Ltd is a small, active company founded 58 years ago in 1966, boasting a Google rating of 5.0 from 25 reviews. Based in Stockport, England, with a real address, the company employs 25 people and holds £480,521 in assets. It’s managed by three directors and owned by Lomas Gordon Pettit, a solo founder. The company regularly imports optical and medical tools and devices, with the latest import operation made on August 1, 2024.

The company's website, dB Hearing, focuses on custom earmoulds and hearing protection, serving various sectors including music, industry, security, and healthcare. They operate as both a manufacturer and supplier, with a long history of providing solutions for hearing protection. The website highlights their expertise in custom earmoulds, restoration and disaster recovery, and even supplies high-profile organizations like the BBC and ITV. They also operate a separate venture, Universal dB, which focuses on piano restoration and disaster recovery.

Financially, Universal Aids Ltd shows a mixed picture. Cash reserves increased by a significant 20% to £300,000, and current assets grew by 18% to £480,000. However, corporation tax payable jumped 220% to £40,000, and creditors increased by 9.2% to £460,000. Debtor levels also rose by 15% to £170,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Despite the growth in assets, the increased tax liability and rising creditors suggest the company is burning through money. The lack of an auditor mentioned is typical for a small company, so the figures are unaudited. It’s likely that the company is experiencing some growing pains, but its strong Google rating and established presence in the hearing protection market indicate a solid foundation.

Registered in England/Wales under the registration number 00886885, with a registered address at SK4 1AA, 8/14 Wellington Road South, Stockport.

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