Untested Limited

Untested Limited is a small, active company based in Halesworth, UK, established 26 years ago in 1999. With just two employees and £7,348 in assets, it operates from a virtual address shared by 127 other companies—a bit unusual, really. The company is run by three directors and two owners, although the owners list might not be exhaustive. It imports cotton products irregularly, with the last import activity recorded way back in September 2016.

The company’s website, Lifting Gear Supplies Ltd, showcases a much larger operation. They’re a nationwide supplier of lifting equipment, offering everything from slings and lashings to cranes and testing services. They've been around for over 40 years, and seem to have a well-established trade counter and a significant inventory. The site emphasizes competitive pricing, custom-made items, and a 1st class service. It’s clear they cater to industrial and commercial clients.

Financially, Untested Limited’s picture is a bit mixed. Current assets are down slightly, at £7,300, while debts have increased. Cash reserves have also decreased, and bank borrowings have jumped, which isn't ideal. The company's equity has fallen, suggesting it’s burning through cash, but creditors have decreased a little, which is a positive sign. It’s a small company, meeting two of three conditions to qualify—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned (likely exempt due to its size) means the figures are unaudited.

Overall, Untested Limited seems to be navigating a challenging financial landscape. While the lifting gear business appears robust, the company's own financial health suggests it needs to be careful. The management structure, with three directors, may also be a little top-heavy for such a small operation.

Registered in England/Wales under the registration number 03762113, with a registered address at IP19 8AP, United Kingdom, Halesworth, Suffolk, Georgian House, 34 Thoroughfare.

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