Usi International Inc Ltd

Usi International Inc Ltd, based in York, UK, is a small, active company founded seven years ago in 2017. With two employees and £10,507 in assets, it operates from a real address and is managed by two directors and one owner. The company regularly imports and exports optical and medical tools and devices—nine months of imports and ten months of exports recorded—a testament to its international trade focus.

The company's website, SiP Universal Scientific Industrial USI, showcases a diverse range of technologies and partnerships. It seems to be more of a portal or aggregator than a direct e-commerce site, featuring news, announcements, and links to various partners like SP Global, Tech Mahindra, and ASTEELFLASH. There’s a strong emphasis on industrial technology, including AIOS, 3D solutions, and M2M/WWAN connectivity. The site also highlights a focus on sustainability, with mentions of SP Global’s Sustainability Yearbook. It’s clear that Usi International Inc Ltd is involved in facilitating connections and showcasing technological advancements within the industrial sector.

Financially, Usi International Inc Ltd presents a mixed picture. While cash bank on hand increased by a significant 70% to £9,200, current assets dropped by 59% to £11,000. Creditors and other liabilities both increased substantially—42% and 43% respectively—reaching £130,000. Equity, however, took a considerable hit, plummeting 42% to -£120,000. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decline in equity is concerning. The lack of an auditor mentioned suggests the accounts are unaudited.

Overall, Usi International Inc Ltd appears to be navigating a period of change. While it’s successfully importing and exporting specialized tools, its financial performance suggests it’s burning through money. The substantial increase in liabilities, coupled with the decrease in equity, indicates a need to carefully manage expenses and potentially seek additional funding. It's a company with a strong international focus, but one that needs to address its financial health to ensure long-term sustainability.

Registered in England/Wales under the registration number 11017039, with a registered address at YO19 5SE, England, York, 2 Chessingham Park Common Road, Dunnington.

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