Universal Supplies Limited

Universal Supplies Limited, based in Chichester, UK, is a small, active company established nineteen years ago in December 2005. With £106,481 in assets, it operates from a virtual address shared by thirty other companies, a fact that raises some questions. The company is led by one director and owner, a solo founder, and runs an e-commerce site. It regularly imports optical and medical tools and devices – seventeen months of activity recorded, with the last import in July 2023 – but exports irregularly, with just two months of activity as of May 2021.

The company's website, universal sitesupplies.co.uk, showcases a wide range of construction and safety products, from PPE and workwear to fire fighting equipment and site storage solutions. It caters to the construction industry, offering next-day national coverage and boasting over forty-five years of industry experience. The site emphasizes free delivery for orders over £100 and provides a virtual brochure showcasing its full product range.

Financially, Universal Supplies Limited presents a mixed picture. Current assets decreased by 10%, while net assets grew by 3%, suggesting a slight improvement in overall financial health. Bank borrowings decreased by 46%, a positive sign, and cash reserves dropped by 39%. Creditors also decreased by 26%, indicating better debt management. The company meets the criteria for being a small company, with a turnover less than £10.2 million, balance sheet less than £5.1 million, and less than fifty employees. The lack of an auditor mentioned likely means the accounts are unaudited, as is common for small companies.

Overall, Universal Supplies Limited appears to be a stable, albeit small, business navigating the challenges of the construction supply market. The company’s reliance on a virtual address and the fluctuating financials suggest it's a company that could benefit from some attention to detail.

Registered in England/Wales under the registration number 05656901, with a registered address at PO19 7LT, Chichester, West Sussex, C/O Evans Weir The Victoria, 25 St Pancras.

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