Upstream Workplace Solutions Limited

Upstream Workplace Solutions Ltd from Harlow UK: a small holding company with an active status, was founded thirteen years ago in 2011. Employing twenty-four people, the company holds assets worth £2,453,488. It operates from a virtual address, registered at CM17 0ET, Harlow, Essex, 10-12 Mulberry Green, a detail that is probably virtual as thirty six companies registered at the same address. The business is overseen by two directors and has one owner, with a stellar Google rating of 5.0 based on a single review. The company regularly imports machinery, boilers, and mechanical appliances; parts, with seventeen months of import activity, and irregularly exports miscellaneous food products, with just one month of export activity.

The company operates in the other business support service activities n.e.c. industries. Its website is not available for review.

Financially, Upstream Workplace Solutions Ltd presents a mixed picture. Current assets increased by 15%, reaching £2,500,000, while net assets grew by 62%, standing at £51,000. Bank borrowings decreased by 40%, settling at £75,000, and cash reserves fell by 58%, dropping to £42,000. Creditors increased by 15%, reaching £2,600,000, and trade debtors rose by 19%, reaching £2,400,000. The company is small, meeting two of three conditions for classification (turnover under £10.2m, assets under £5.1m, fewer than 50 employees). No auditor is mentioned, likely due to the company’s small size.

The trends suggest a period of growth, with increased assets and net assets, but also indicate potential cash flow challenges, as cash reserves have declined. The increase in trade debtors could be a sign of extending credit terms to customers, which could be a positive or negative development. The company’s small size allows for agility, but the financial data raises questions about its long-term sustainability.

Registered in England/Wales under the registration number 07667221, with a registered address at SW6 2TF, United Kingdom, London, 82 Wandsworth Bridge Road.

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