Unnicon Limited

Unnicon Limited is a small, active company based in London, UK, founded five years ago in 2019. With just two employees and £24,930 in assets, it’s a solo-founder operation managed by one director and owner. The company operates from a virtual address – ninety companies registered at the same location – and is engaged in a diverse range of activities including retail sales via mail order and internet, software development, and IT consultancy.

The company’s website is minimal, offering little insight into its specific offerings or target market. It appears to be primarily focused on providing IT services and software development, with a small retail component. There's no clear indication of an e-commerce presence, suggesting a business-to-business (B2B) model or a reliance on direct client engagement rather than online sales.

Financially, Unnicon Limited’s recent performance shows some concerning trends. Cash bank on hand has decreased by 37% to £11,000, while current assets have fallen by 43% to £25,000. Bank borrowings have also dropped by 37% to £2,200, and net assets have plummeted 59% to £8,200. Creditors have decreased by 37%, which could indicate improved debt management, but the overall decline in assets and equity is a cause for concern. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the significant drop in equity suggests it may be burning through cash. As a small company, it is exempt from an audit, relying on unaudited accounts.

While the company's diverse range of services suggests adaptability, the financial data indicates a need for careful management. It’s likely the company is navigating early-stage challenges, and its long-term success will depend on securing consistent revenue streams and controlling expenses.

Registered in England/Wales under the registration number 12101353, with a registered address at N16 9BS, United Kingdom, London, 17 Green Lanes.

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