Ura Ventures Limited

Ura Ventures Limited, based in Chesterfield, UK, is a sizable holding company with an active status, having operated for 28 years. The company employs 42 people and holds assets worth £15,486,000. With six directors and one owner, it maintains a real address and operates as a holding company. The business irregularly exports vehicles, parts, and accessories, with its last export operation taking place one month ago in July 2022.

The company’s activities encompass maintenance and repair of motor vehicles, non-life insurance, sale of used cars and light motor vehicles, and renting and leasing of cars and light motor vehicles. It’s unclear if Ura Ventures Limited operates an e-commerce site directly, but its broad range of activities suggests a complex business model.

Financially, Ura Ventures Limited’s performance presents a mixed picture. Current assets have seen a significant drop of 31%, falling to £15,000,000. Net assets have also plummeted by 52%, down to £11,000,000. Bank borrowings increased by 100%, reaching £3,000,000, while cash reserves decreased by 47%, leaving just £6,400,000. Creditors, however, have decreased by 23%, indicating improved debt management. The company meets two of three criteria to be considered a large company, with turnover exceeding £36 million, balance sheet total over £18 million, and 42 employees.

The company’s financial statements were audited by PKF Smith Cooper Audit Limited. The sharp decline in assets and cash reserves raises concerns, suggesting potential financial strain. It’s possible that increased borrowing was used to cover operational costs, or that the company is investing in new ventures. The irregular export activity, while not necessarily negative, could indicate fluctuating demand or supply chain challenges.

Registered in England/Wales under the registration number 03321083, with a registered address at S41 9FG, Chesterfield, Derbyshire, Centenary House Bridge Business Centre, Beresford Way.

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