Utm Limited

UTM Limited, based in Mildenhall, Suffolk, is a large company operating as a holding company with an active status. Established 24 years ago in November 2000, the firm employs 78 people and holds assets valued at £24,851,442. With a yearly revenue of £26,369,136, it’s a significant player in its sector. The company has one director and one owner, and boasts a stellar 5.0 Google rating based on four reviews. It has a real address and is audited.

The company's core business revolves around the manufacture of weapons and ammunition industries, providing training ammunition, conversions, and personal protective equipment. It’s a leading supplier of training munitions, with a strong focus on realism and safety. Its website highlights its products and services, catering to military, law enforcement, and shooting enthusiasts. It also has a showroom in Harrods, London.

Financially, UTM Limited’s recent report shows some interesting trends. While turnover increased by a healthy 34%, net assets have also increased by 25%. However, bank borrowings have surged by 2,400%, reaching £29,000, and cash reserves fell 71% to £420,000. Creditors decreased by 18%, suggesting better debt management. The company’s staff costs increased by 43%, reflecting the need to support its operations. The company’s auditor is Shaw Gibbs (Audit) Limited.

The significant increase in bank borrowings, despite rising turnover, suggests the company may be investing heavily in its business, or perhaps facing some cash flow challenges. The decrease in cash reserves, while concerning, could be a temporary situation, especially if the investments pay off. The increase in staff costs is a natural consequence of growth, but the company will need to ensure it’s managing its expenses effectively.

Registered in England/Wales under the registration number 04104303, with a registered address at IP28 7AS, Suffolk, Hampstead Avenue, Mildenhall.

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