Uutensil Ltd

Uutensil Ltd, based in Putney, UK, is a small, active company founded fifteen years ago in 2009. With just one employee and £186,444 in assets, it operates from a virtual address—a fact highlighted by the presence of eighty-eight other companies registered at the same location. The company is led by a solo founder who also serves as director and owner. It runs an e-commerce site and regularly imports and exports electrical machinery and equipment, with import activity spanning five months and export activity spanning eight.

The company’s website showcases innovative kitchen tools and gadgets, emphasizing British design and a “blank slate” approach to cooking. It features a range of products, including the “TimeSaving Battery Stirrer” and the “ThreeLegged Cooking Stirrer,” marketed with enthusiastic customer testimonials. The site also highlights a collaboration with Great British Bake Off's Iain Watters, showcasing a recipe and product integration. The website's design and content suggest a focus on novelty, convenience, and a touch of British culinary flair.

Financially, Uutensil Ltd presents a mixed picture. Accumulated amortisation increased by 2.7%, while depreciation on property and equipment rose by 2.2%. Bank borrowings decreased significantly by 29%, and cash reserves plummeted 69% to just £10,000. Creditors remained stable, but trade debtors increased by 20%, which could indicate a reliance on customer payments. Equity, however, experienced a dramatic turnaround, jumping 130% to £2,500—a positive sign after previous losses. The company’s small size (meeting two of three conditions for a small company) helps it remain nimble, but the decrease in cash reserves warrants attention. The company's accounts are unaudited, as is common for small businesses.

Overall, Uutensil Ltd appears to be navigating a period of change. While the company’s e-commerce platform and product innovation suggest potential for growth, the financial data indicates a need for careful cash flow management. The sudden increase in equity, however, offers a glimmer of hope that the company is successfully adapting to market demands.

Registered in England/Wales under the registration number 07086890, with a registered address at SW15 2SH, United Kingdom, Putney, London, Zeeta House, 200 Upper Richmond Road.

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