Upm Conveyors Limited

Upm Conveyors Limited, based in Uxbridge, UK, is a small, holding company with an active status. Founded 49 years ago in 1975, the company employs 19 people and holds £774,936 in assets. It’s a real address with three directors and one owner. The company regularly exports machinery, boilers, and mechanical appliances; parts (19 months exported), but imports these items less frequently (2 months imported).

The company’s website showcases a diverse range of conveyor systems, from bespoke solutions to standard models like roller and stainless steel conveyors. It caters to industries including packaging, food, hygiene, and plastics manufacturing, offering everything from cooling conveyors to box-filling systems. Upm Conveyors highlights its UK-based manufacturing and offers CAD design software, case studies, and even demo videos. It seems like a business that’s focused on providing tailored solutions rather than purely e-commerce.

Financially, Upm Conveyors Limited shows a mixed picture. Current assets have decreased by 16% to £770,000, and net assets have fallen by 24% to £440,000. Cash reserves have also declined by 37%, dropping to £260,000. However, creditors have decreased by 7.3%, suggesting improved debt management. Bank borrowings have increased significantly by 62%, reaching £220,000. The company meets the criteria for a small company, with turnover less than £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is common for smaller companies.

The increase in bank borrowings and decrease in cash reserves could indicate that the company is investing in growth or facing increased operating costs. The decrease in net assets, however, suggests a potential strain on equity. Despite these challenges, the company’s long history and focus on bespoke solutions suggest a resilient business model.

Registered in England/Wales under the registration number 01236685, with a registered address at UB8 2FX, Uxbridge, Middlesex, 3 Brook Business Centre, Cowley Mill Road Cowley.

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