Uzed Ltd

Uzed Ltd, based in Cranfield, UK, is a small, active company founded four years ago. With three employees and a real address, it’s a solo-founder operation led by a single director and owner. The company is an irregular importer and exporter of toys, games, and sports equipment, with one month of import activity and two months of export activity recorded. It operates in the other information technology service activities and fitness facilities industries.

The company’s website, Uzed, is a fully-fledged e-commerce platform specializing in used fitness equipment. It offers a wide range of cardio and strength equipment, both new and refurbished, catering to gyms and individual buyers. The site features a "Shop Sale" section, a blog with helpful fitness tips, and a dedicated "Services" page offering gym relocation, equipment hire, and servicing. It even has a "Sell Your Fitness Equipment" option, suggesting a focus on both buying and selling. The website’s design is clean and professional, with clear product categories and a user-friendly shopping cart.

Financially, Uzed Ltd shows some concerning trends. Accumulated depreciation for plant machinery increased significantly by 150%, while depreciation for vehicles remained steady. The number of employees doubled from three to six, which could be a sign of growth, but it also means increased overhead. Debtors surged by 370%, indicating potential issues with collecting payments, and bank borrowings increased dramatically. However, creditors decreased by 48%, which could be a positive sign of improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay flexible, but the increase in debt and decrease in cash reserves warrants attention. No auditor is mentioned, which is typical for small companies.

Overall, Uzed Ltd appears to be a growing business with a strong online presence, but it’s facing some financial challenges. The company's focus on used fitness equipment and its range of services suggest a niche market strategy, but the increase in debt and decrease in cash reserves need to be monitored closely.

Registered in England/Wales under the registration number 13075134, with a registered address at MK43 0AH, England, Cranfield, Unit16 Wharley Farm, College Road.

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