Universal Online Limited

Universal Online Limited is a small, active company based in London, UK, founded two years ago in July 2022. With ten employees and £900,000 in assets, it’s a lean operation managed by two directors and a single owner, who also serves as the solo founder. The company operates from a real address and is registered as a private limited company.

The business focuses on retail sales through stalls and markets, as well as mail order and internet industries. Its website paints a picture of a modern online bank offering insured banking with zero transaction fees, international transfers, and account management tools. It emphasizes a client-first approach, secure online banking, and a technologically focused workflow, with testimonials praising its culture, integrity, and community involvement. The site even highlights a partnership with the Boys and Girls Club, suggesting a commitment to social responsibility.

Financially, Universal Online Limited presents a mixed bag. While current assets increased by 44% to £900,000, net losses deepened to -£23,000. Bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. Trade debtors ballooned by 890%, suggesting delayed customer payments or expanded credit terms, and creditors rose 35% to £34,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. The company’s increase from depreciation charge for year property plant equipment was steady at 30,000.

Overall, Universal Online Limited seems to be navigating the challenges of a growing online bank, balancing innovation with financial stability.

Registered in England/Wales under the registration number 14231762, with a registered address at HA9 0NL, England, Wembley, 5aab 5a Watkin Road.

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