Utasco Ltd

Utasco Ltd, based in Feltham, UK, is a small, active company established nineteen years ago. With five employees and £93,015 in assets, it operates from a real address and is managed by two directors and owners. The company regularly imports and exports art and antiques – six months of importing and three months of exporting recorded. It’s a freight air transport company.

The website, listed on the Ealing Times Business Directory, primarily functions as a directory listing. It uses cookies, but doesn’t use them to personally identify you. The directory lists a range of local businesses, from accountants to tree surgeons, and promotes LOCALiQ, an award-winning digital marketing agency. It’s a fairly standard business directory site.

Financially, Utasco Ltd presents a mixed picture. Accumulated depreciation on its property, plant, and equipment increased, with furniture fittings, motor vehicles, and plant machinery all seeing rises. Bank borrowings also surged, jumping 110% for current instruments and 29% for non-financial instruments. Creditors increased by 9.3%, while current assets saw a healthy 28% growth. However, the company’s equity dipped slightly, and net assets liabilities are negative. The company’s average number of employees increased by 20%, from five to six. It’s a small company, meeting two of three conditions for classification (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees). No auditor is mentioned, which is likely due to its small size and exemption from an audit.

Overall, Utasco Ltd seems to be holding its own, but the increase in bank borrowings and the negative equity suggest it may be burning through cash. The company's focus on importing and exporting art and antiques, combined with its freight air transport operations, indicates a specialized niche. It's a small business, and it's important to monitor its financial trends closely.

Registered in England/Wales under the registration number 05528044, with a registered address at TW13 7DU, England, Feltham, Unit 11 Felthambrook Industrial Estate, Felthambrook Way.

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