Universal Engine Power Limited

Universal Engine Power Ltd is a small, active company established 39 years ago, in 1986. Based in London, it operates from a virtual address, a detail that’s worth noting as fifty-nine companies share the same location. With fifteen employees and £2,002,919 in assets, the company is a regular importer and exporter of machinery, boilers, and mechanical appliances, parts. It also runs an e-commerce site and has a stellar 5.0 Google rating based on twenty-nine reviews. The company is led by three directors and has one owner, Brown Philip Richard.

The company’s website showcases a wide range of engines, transmissions, and parts from brands like Briggs Stratton, Honda, and Yanmar. It caters to trade customers, offering specialist supplier services and even providing OEM downloads. The site also includes a quick order enquiry form and a parts lookup feature, indicating a focus on efficient service and parts availability. It’s a pretty comprehensive online catalogue, really.

Financially, Universal Engine Power Ltd presents a mixed picture. While cash reserves increased by a healthy 58%, reaching £1.1 million, current assets decreased slightly to £2 million. Trade debtors decreased, suggesting improved payment collection, but creditors increased, indicating a need to manage short-term liabilities. The company’s net assets grew by 2.1%, settling at £2.2 million. The most concerning trend is the 34% decrease in inventories, dropping to £640,000, which could signal supply chain issues or a shift in product focus. The company is small, meeting two of the three criteria for a small company, and there’s no auditor mentioned, so the figures are unaudited.

Overall, Universal Engine Power Ltd seems to be navigating a period of change. The growth in cash reserves is encouraging, but the decline in inventories and increased creditors warrant close monitoring. It’s a long-standing business, and its focus on trade customers and online sales suggests a resilient model, but the company will need to address these financial pressures to maintain its momentum.

Registered in England/Wales under the registration number 02017628, with a registered address at NW11 7PE, 925 Finchley Road, London.

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