Universal Control Equipment Limited

Universal Control Equipment Ltd from Ipswich UK: small company, holding company, active status, founded 28 years ago, 35 employees, £4,497,719 assets, real address, 5 directors, 1 owner. Regular importer of machinery, boilers, and mechanical appliances; parts (82 months imported). Regular exporter of machinery, boilers, and mechanical appliances; parts (218 months exported). It’s a small, family-run business with a long history, operating as a holding company with a real address and a team of five directors. The company employs thirty-five people and boasts a substantial asset base of £4.498 million.

Universal Converting Equipment leads in the supply of converting equipment worldwide. The company’s website showcases a range of machinery, including slitter rewinders, core cutters, and hot melt coating systems. They cater to a global market, with a focus on integrated solutions and automation. The website highlights the company’s UK-based design and build expertise, as well as its commitment to customer support and innovation. They have a great blog and even a LinkedIn page.

Financially, Universal Control Equipment Ltd shows a mixed picture. While net assets increased by 19% to £1.2 million, cash reserves dropped 16% to £2.4 million. Trade debtors increased significantly, by 150% to £1.3 million, which could indicate increased sales but also potential payment issues. Bank borrowings also increased, by 2,400% to £29,000, and creditors decreased by 18%. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Universal Control Equipment Ltd appears to be navigating a period of change. The increased debtors suggest growth, but the drop in cash reserves and rise in borrowings could indicate tighter financial management is needed. The company's long-standing presence and focus on specialized machinery suggest a resilient business model, but the financial trends warrant close monitoring.

Registered in England/Wales under the registration number 03265730, with a registered address at IP1 5AP, England, Ipswich, Unit 20 Farthing Road.

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