Universal Trading Co. Limited

Universal Trading Co. Limited, based in Oldham, UK, is a small, active company established thirteen years ago. With three employees and £100,562 in assets, it operates from a virtual address, managed by a single director and owner. The company is an irregular importer, primarily dealing with clothing and accessories that aren’t knitted or crocheted, with just one month of import activity recorded back in 2018.

The company’s website paints a picture of a business focused on building relationships and providing exceptional service. It highlights a vision to enrich all parties involved and a mission to provide outstanding pre- and post-sales support. Universal Trading offers a range of import products, including tomato paste and food ingredients, and export products like precooked tuna. It also serves a global network of partners, spanning Asia, Australia, Europe, Africa, and South America. The website’s content, while a little repetitive, emphasizes trust, punctuality, and responsiveness.

Financially, Universal Trading Co. Limited presents a mixed picture. Current assets have decreased by 6.5% to £100,000, and net assets have plummeted 170% to -£51,000—a significant shift. Bank borrowings have increased substantially, rising by 2700% to -£35,000, and cash reserves have fallen. Creditors have also increased by 25%, suggesting a reliance on trade credit. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the large equity decline is concerning. As a small company, it’s exempt from an audit, so these figures are unaudited.

It seems the company is struggling to maintain a healthy financial position, with losses mounting and cash reserves dwindling. While the website projects a customer-focused approach and a global reach, the underlying financials suggest a business facing challenges.

Registered in England/Wales under the registration number 07970674, with a registered address at OL9 9PY, United Kingdom, Oldham, 1st Floor Portfolio Place 498 Broadway, Chadderton.

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