United Corporation Ltd.
- Active
- Small
- 29 years
- 22 employees
- £777,114 (cur assets)
- 1m-15m
- Regular importer
- Regular exporter
- Real address
- 3 directors
- 2 owners
- Wallington
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
The owners list was changed 18 days ago, a good sign to sell them something.
Field of Operation
Website
Social media
Summary
United Corporation Ltd, based in Wallington, UK, is a small, active company established 28 years ago. With 22 employees and £777,114 in assets, it's a well-established player in its sector. The company, owned by Fatehi Abdolkarim and Taheri Farzaneh, is managed by three directors. It operates from a real address and has been importing optical and medical tools and devices for 21 months, while exporting machinery, boilers, and mechanical appliances for a remarkable 2026 months.
The company's website reveals a broader scope than initially apparent. While officially described as agents involved in the sale of machinery, industrial equipment, ships, and aircraft, it’s clear United Corporation Ltd is a procurement services provider to the oil, gas, and petrochemical industries. It even boasts two Queens Awards for outstanding achievement in international trade, a testament to its global reach. The website details a comprehensive range of services, from supply chain management to expediting and inspection, catering to a client base of major oil and gas companies in the Persian Gulf. The company has a QFZ LLC entity in Qatar to support its Middle Eastern clients, offering repair and return facilities.
However, a closer look at the financials paints a mixed picture. Current assets have fallen by 23%, reaching £780,000, while net assets have plummeted 26%, settling at £320,000. Bank borrowings have increased slightly, reaching £620,000, and cash reserves have decreased by 25%, sitting at £7,800. Creditors have also decreased by 26%, suggesting better 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) allows for agility, but the significant drop in equity raises concerns. As a small company, it’s exempt from an audit, so the figures are unaudited.
The company’s long history of exports, combined with its international awards, suggests a resilient business. However, the recent financial trends indicate a need for careful management to ensure long-term stability.
Registered in England/Wales under the registration number 03292977, with a registered address at SM6 9AA, Wallington, Surrey, 30 Stafford Road.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 18 days
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- 20 years
-
Resident of United Kingdom
-
Individual
- 29 years
-
Resident of United Kingdom
-
Individual
- 29 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Cessation of Farzaneh Taheri as a person with significant control on 2026-04-30Download 1 page pdf report
-
Notification of Farzaneh Taheri as a person with significant control on 2026-04-30Download 2 pages pdf report
-
Satisfaction of charge 032929770007 in fullDownload 1 page pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Exporter profile by HS codes
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Export HS codes in detail
Last exported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
FAQ about United Corporation Ltd.
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