Utilit Limited

Utilit Ltd from Bristol UK: a small holding company with an active status, was founded 22 years ago and employs three people. The company holds assets totaling £951,332 and operates from a real address, managed by two directors and two owners. It runs an e-commerce site and regularly imports and exports electrical machinery and equipment, with 24 months of import activity and 22 months of export activity.

The company’s website, salesutilitynetworks.co.uk, showcases a focus on wireless connectivity solutions, particularly for businesses and remote locations. It offers a range of products, including access points, switches, routers, and power solutions, alongside services like WiFi design and managed support. The site highlights partnerships with brands like Plasma Cloud, Ruckus, and Grandstream, and features case studies demonstrating successful deployments in various industries, including hospitality, education, and industrial settings. They even have a blog with helpful articles.

Financially, Utilit Ltd presents a mixed picture. Current assets decreased by 3.6% to £920,000, while net assets remained relatively stable at £900,000. Cash bank on hand, however, increased significantly by 72% to £370,000, a positive sign. Creditors decreased by 68%, indicating improved management of short-term debts. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the slight dip in current assets could be a cause for observation. The company is exempt from an audit, so the figures are unaudited.

The company’s increase in bank borrowings by 2,400% is a little concerning, but it could be related to investments in inventory or expansion. Overall, Utilit Ltd seems to be navigating the market effectively, leveraging its partnerships and online presence to deliver connectivity solutions—though keeping an eye on those debts would be wise.

Registered in England/Wales under the registration number 04476847, with a registered address at BS41 9LW, Bristol, 3 Merietts Court.

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