Universal Product Solutions Limited

Universal Product Solutions Ltd from Preston UK is a small, active company founded seven years ago in 2017. Employing nine people and operating from a real address, the business is owned by two individuals and managed by two directors. It runs an e-commerce site offering a wide range of food products, from baking ingredients to snacks and drinks.

The company's website showcases a comprehensive selection of food and beverage items catering to both businesses and consumers. It offers solutions for food brands, manufacturers, grocery stores, and hospitality businesses, with a focus on wholesale and online retail. The site is well-organized, with clear categories and product listings, and highlights its commitment to fast delivery and competitive pricing. It also has a section dedicated to gifting with e-gift cards available.

Financially, Universal Product Solutions Ltd presents a mixed picture. While cash and bank holdings increased significantly by 190% to £1.1 million, net assets also rose 110% to £530,000. However, creditors increased by 78% to £2.8 million, suggesting a reliance on borrowing to support growth. Trade debtors also jumped by 130% to £1 million, which could indicate challenges in collecting payments. Interestingly, the company’s accumulated amortisation for intangible assets has increased by a whopping 1200%, which is a large number. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible, but the increase in debt warrants attention. The company is exempt from an audit, so the financial statements are unaudited. The company’s bank balance has increased, which is a positive sign, but the rising debt levels should be monitored closely.

Registered in England/Wales under the registration number 10949730, with a registered address at PR2 5PH, England, Preston, Lancashire, Unit 4c Trefoil Way.

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