Universal Outlet Limited

Universal Outlet Limited, based in Wilmslow, UK, is a small holding company with an active status. Founded three years ago in December 2021, it employs just one person and holds £90,335 in assets. The company operates a real address and is led by one director and one owner. It runs an e-commerce site, selling a wide range of products from Trespass to Disney.

The website showcases a vast selection of clothing, footwear, and accessories for men, women, boys, girls, and babies. It also offers homewares, sports equipment, and industrial supplies. The site is clearly aimed at a broad consumer base, with a focus on value and variety. The sheer volume of categories suggests a deliberate strategy to capture a large share of the online retail market.

Financially, Universal Outlet Limited presents a mixed picture. While current assets remain steady at £64,000, net assets have declined to just £380, a significant drop. Bank borrowings have increased, reaching £29,000, and cash reserves have fallen to £7,900. Creditors also increased, reaching £67,000. The company meets the criteria to be considered a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's no auditor mentioned, which is common for small, exempt companies.

The business appears to be burning through cash, with losses increasing. It’s possible that the company is investing heavily in marketing or expanding its product lines, but the lack of employees suggests a lean operation. The fact that the list of directors was changed three months ago could indicate a shift in management or a restructuring effort. The company’s long-term viability will depend on its ability to generate sustainable profits and manage its cash flow effectively.

Registered in England/Wales under the registration number 13816624, with a registered address at SK9 3UL, United Kingdom, Wilmslow, 2 Orwell Close.

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