Utordo Ltd

Utordo Ltd from London UK is a small, family business founded seven years ago. Active and boasting two employees, the company holds £65,073 in assets and operates from a virtual address – a fact highlighted by the presence of 28,865 other companies registered at the same location. Two directors and two owners, Davies Hannah and Davies Richard Peter, manage the company, which is involved in retail sales via mail order and internet, as well as business and domestic software development.

The company's website reveals a sophisticated operation focused on streamlining e-commerce inventory, order, and customer management. It offers integrations with various platforms like Amazon, eBay, Shopify, and BigCommerce, providing solutions for drop shippers, 3PL logistics, and omnichannel order management. The site emphasizes centralized reporting, cost reduction, improved customer service, and becoming a top-rated seller. It’s clear that Utordo Ltd is targeting businesses looking to automate and optimize their online sales processes.

Financially, Utordo Ltd presents a mixed picture. While current assets increased by 48% to £65,000, net assets have seen a significant jump of 200% to £34,000. Bank borrowings have also risen by 64%, reaching £8,200, while cash reserves have doubled to £35,000. Creditors have decreased by a substantial 96%, which is a positive sign. The company’s small size – meeting two of three conditions for a small business – allows for agility, but the increase in bank borrowings suggests a reliance on external funding. The lack of an auditor mentioned likely reflects its status as a small, exempt company. The increase in bank borrowings, however, could be linked to investments in the technology and integrations highlighted on the website, aimed at expanding its service offerings. It’s possible the company is growing rapidly, but needs to manage its cash flow carefully to avoid burning through its reserves.

Registered in England/Wales under the registration number 11161845, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.

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