Uniwire Ltd.

Uniwire Ltd from Tetbury UK is a small holding company with an active status, established 45 years ago. The company employs 17 people and holds assets worth £2,083,260. It operates from a real address and is managed by three directors and one owner. Uniwire Ltd is a regular importer of iron or steel products, with 26 months of import activity recorded, the latest in December 2024. It also exports iron or steel products irregularly, with just two months of export activity, the last in June 2024.

The company’s operations revolve around the manufacture of wire products, chain, and springs, with a focus on quality and British craftsmanship. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50. The company’s website, while not actively used for e-commerce, provides a glimpse into its history and services.

Financially, Uniwire Ltd shows a mixed picture. Current assets have decreased by 32% to £2,100,000, while net assets have fallen by 8.7% to £3,000,000. Cash bank on hand has seen a significant drop of 37%, falling to £790,000. Trade debtors have also decreased by 42%, suggesting better management of customer payments. However, creditors have fallen by a substantial 75%, indicating a reduction in short-term liabilities. The company’s bank borrowings have surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. The lack of employees (zero reported) hints at a lean, possibly solo operation. With no auditor mentioned (exempt as a small company), the unaudited figures rely on director-reported data.

The company’s decline in cash reserves and increased bank borrowings suggest it might be burning through money. It's possible that increased investment in equipment or expansion of operations is the reason for this trend, but it warrants close monitoring. The significant decrease in creditors could be a positive sign of improved financial discipline, but the overall picture suggests a need for careful financial management.

Registered in England/Wales under the registration number 01480960, with a registered address at GL8 8YL, Tetbury, Gloucestershire, Unit 7 Babdown Airfield, Babdown.

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