ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

ULS Uls Technology Plc

73.00
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Uls Technology Plc LSE:ULS London Ordinary Share GB00BNG8T458 ORD 0.4P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 73.00 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
72.40 73.80
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 73.00 GBX

Uls Technology (ULS) Latest News

Real-Time news about Uls Technology Plc (London Stock Exchange): 0 recent articles

Uls Technology (ULS) Discussions and Chat

Uls Technology Forums and Chat

Date Time Title Posts
08/4/202207:35ULS Technology plc531
31/10/201808:47H1 Trading update-

Add a New Thread

Uls Technology (ULS) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type

Uls Technology (ULS) Top Chat Posts

Top Posts
Posted at 08/4/2022 07:35 by masurenguy
Simon Gordon hasn't posted on the ULS thread for the past 6 months so I thought that I would add a new thread to reflect the name change of the company.

New thread here:
Posted at 07/4/2022 06:23 by masurenguy
Change of name to Smoove plc

Refreshed, refocused brand to reflect ambition to 'simplify & revolutionise the home-moving process'

ULS Technology plc (AIM: ULS), the provider of online digital platforms for the UK conveyancing and financial intermediary markets, announces its rebranding and change of name to Smoove plc. Smoove plc is being launched as a refreshed, refocused and empowering brand. The Board believes that the rebranding amplifies the Group's strategy to simplify and revolutionise the home moving and ownership process, allowing it to increase brand awareness and articulate its long-term purpose. As part of the relaunch the eConveyancer brand will remain, while DigitalMove will be integrated into the wider eConveyancer and Smoove propositions. The Company's website will now change to: hellosmoove.com and this will contain the information required by AIM Rule 26. A further announcement will be made once the change of name has taken effect.

Jesper With-Fogstrup, CEO of ULS Technology plc, commented: "The rebranding highlights the latest milestone in our strategy to develop a consumer centric, data driven product suite and deliver value across all industry stakeholders. The Company is committed to making the home moving and ownership experience better for everyone involved, and we believe that Smoove encapsulates this mission, fostering greater understanding in the Group's services as we continue to scale our platforms and unlock value for everyone engaged in one of life's biggest events."
Posted at 04/2/2022 07:08 by masurenguy
Another brick in the wall !

Exclusive Conveyancing Partnership with Moneyfacts

ULS Technology announces that eConveyancer has launched an exclusive conveyancing partnership with comparison website, Moneyfacts. The partnership will enable customers using Moneyfacts to search for and instruct a conveyancer from eConveyancer's panel of more than 50 audited and benchmarked conveyancing firms. Moneyfacts is an independent money comparison site that has provided "best buy" charts to the UK press and media for over 30 years, including titles like The Sunday Times, Financial Times and The Spectator. The site provides impartial financial information to help millions of people every year to make more informed financial choices.

Richard Ward, Head of Marketing at Moneyfacts, said: "Moneyfacts is providing the most up-to-date and impartial financial information possible to over 5.2m unique visitors each year. We are pleased to partner with ULS technology to offer their leading eConveyancer service to our financially savvy customers. ULS shares our passion for helping millions of people to make better financial choices and eConveyancer will make the home moving and ownership process a quick and easy experience."
Posted at 27/1/2022 17:40 by yump
I wish Kestrel would stop buying so I can see what the share price "should" be without constant support.
Posted at 07/1/2022 16:02 by masurenguy
ULS was tipped by The Motley Fool last month as a penny stock for 2022.

"I’m focusing on penny stocks today and the first one I’m looking at is ULS Technology (LSE: ULS). The share price is 72p as I write, but I think this could rise considerably from here.

The company provides software and services in the property, legal and financial industries. Its flagship offering is eConveyancer, which is an online comparison tool for residential conveyancing quotations. It also owns DigitalMove, another online platform that centralises and streamlines the conveyancing process. It released its half-year report last week that showed revenue growing 48% to £10.2m. The gross margin also improved, reaching 40% and up from 38.8% in the same period one year ago.

However, the business remains loss-making. The underlying loss before tax was £1.48m, which increased from £0.64m and does make this penny stock higher-risk. The firm said this was due to continued investment in eConveyancer and DigitalMove. I think this is the right thing to do as these platforms have the potential to streamline the house-moving process. This is an area that’s ripe for disruption from a technology-led company, in my view.

However, what derisks this penny stock is its net cash position. As I write, the company’s market value is about £50m, but there’s cash totalling £23.1m on the balance sheet. This provides the management team with considerable flexibility to invest in its digital platforms. There’s never a guarantee of success, particularly if the housing market slows but with a new CEO in 2021, and a robust balance sheet, I think ULS Technology could be a much larger business in 2022. It’s a buy for my portfolio."
Posted at 23/10/2021 14:54 by simon gordon
The Global Legal Post - 12/10/21:

Listed tech startup acquires conveyancing firm to test products

ULS Technology has purchased Amity Law for an undisclosed sum

By Victoria Basham

Listed tech company ULS Technology (ULS) has bought a firm of licensed conveyancers to help it test new products before they’re launched.

ULS, which provides digital services in the home moving market, has purchased Bolton-based Amity Law for an undisclosed amount, saying it will enable it to ‘build, pilot and evolve new products in a live environment, providing the company with valuable insight to shape future services and refine them prior to rolling out nationally'.

Jesper With-Fogstrup, CEO at ULS, described the acquisition as the next step in the company’s bid to “revolutionise the home buying and selling experience by using technology to radically change processes currently in place.”

A former chief operating officer at ComparetheMarket.com, With-Fogstrup said that having Amity Law central to that development would allow for faster insights and better feedback and accuracy, as well as helping ULS to launch products to market more quickly.

Amity Law currently houses eight staff, including two fully licensed conveyancers and one chartered legal executive. It is regulated by the Council for Licensed Conveyancers and will continue to operate as a conveyancing business, with founder and director Jayne Hart joining ULS as managing director.

“We’re really looking forward to marrying our extensive conveyancing knowledge with ULS’s digital expertise to help the industry develop and deliver a more seamless service to clients,” Hart said.

ULS is listed on AIM and owns brands including DigitalMove and eConveyancer, which enables those involved in the conveyancing process to collaborate and customers to compare conveyancing solicitors respectively.

Paul Saunders, a lawyer and managing director of Legal Eye, a risk and compliance service for law firms that’s also owned by ULS, will join Amity Law as managing director.

With-Fogstrup added: “We are investing considerable resource into our technology and there is nothing better than working with customers directly developing products that make a difference. I’m excited to have Amity Law join our team as we build a more efficient and slicker process for consumers and conveyancers.”
Posted at 05/7/2021 06:19 by simon gordon
ULS - 5/7/21:

ULS Strengthens Senior Leadership Team

ULS Technology plc (AIM: ULS), the provider of online B2B platforms for the UK conveyancing and financial intermediary markets, has strengthened its senior management team, appointing Simon McCulloch as Chief Commercial and Growth Officer, and Ed Mardell as Chief Technology Officer.

Simon McCulloch is a seasoned commercial executive with deep digital customer growth experience across the home moving, price comparison and banking space. Simon has spent the last year leading the global wealth & insurance digital channel at HSBC. Before HSBC, Simon was part of the rapid growth journey at ComparetheMarket.com ("CtM") joining in 2011 to build the Money vertical from scratch. He was also responsible for the core insurance category and left CtM after almost ten years, the last four as Commercial Director. Earlier in Simon's career he spent a decade with Countrywide plc in various roles, including board responsibility, covering mortgage, general insurance and protection products.

Ed Mardell is an experienced technology executive with intimate knowledge of the proptech space from both consumer and B2B perspectives. Ed spent 13 years working with market leading Property Portals as CTO for both Daily Mail and General Trust and Guardian Media Group ("GMG"), and developing best of breed Cloud software solutions for half of the UK Estate Agents. A management buyout from GMG led to an acquisition cycle and successful exit to Zoopla. Ed remained for a further 2 years to integrate the group before spending the recent period providing due diligence, strategic planning, and Cloud transformation programmes for several Private Equity houses.

Jesper With-Fogstrup, CEO of ULS Technology, said: "Simon's background over the last couple of years has been very similar to mine. We worked together at ComparetheMarket and HSBC. I am delighted to welcome him to ULS as we unlock growth by making the home buying, selling and owning experience better; building the platform for home ownership.

"I am equally excited to have Ed join as CTO. Ed has the right technical and domain experience together with the passion to make home moving better through building empowered teams."
Posted at 26/6/2021 09:57 by simon gordon
Financial Reporter - 16/6/21:

ULS Technology has grown its sales team with the recruitment of two new BDMs.

Tim Shawcross joins ULS technology as an experienced BDM with extensive knowledge and relationships across the market, having previously held roles at HSBC Private Bank, RBS Coutts, Deutsche Bank, Moody’s Investors Service and, most recently, Coventry Building Society.

ULS technology has also appointed Matthew Ladak as a BDM. Matthew has more than 16 years’ business development experience across a range of industries and has established expertise in winning contracts, expanding market share, building and protecting reputation and driving business improvements.

In addition to two new BDMs, ULS technology has recruited Harley Weber to join its marketing team as a creative designer. As a creative graphic designer with a range of experience in designing for multimedia, marketing and print, Harley will help ULS identify new ways to communicate its proposition to the market.

Karen Rodrigues, sales director at ULS technology, said: “At ULS technology, our mission is to revolutionise the home buying, selling and owning experience – and this means growing our business. So, we are committing to that growth by strengthening our sales and marketing teams.

“Tim, Matthew and Harley all bring with them unique experience and expertise that will benefit our customers and prove an asset to our business. I’m really pleased to welcome them all to the team and look forward to working with them on further developing the reach and reputation of ULS technology, which includes popular brands like eConveyancer and DigitalMove.”
Posted at 26/5/2021 16:49 by simon gordon
Mortgage Finance Gazette - 26/5/21:

MPowered Mortgages expands solicitor panel with ULS partnership

Recently-launched lender, MPowered Mortgages, will be able to deliver electronic offers and certificates of title to customers thanks to a new partnership with ULS technology.

The deal, which gives the lender access to ULS’s full solicitor panel, underpins its digitally-focused approach to lending.

ULS already provides the full back office panel management services for lenders such as Principality Building Society, Hodge, Habito and Foundation Home Loans. It said this service helps these businesses manage risk, security and speed of transactions.

Emma Hollingworth, distribution director at MPowered Mortgages, said: “We’re incredibly excited to be expanding our solicitor panel with ULS technology today and to offer advisers more choice in serving their customers.

“Certainty and control over the mortgage process for advisers and customers alike is critical to us at MPowered Mortgages and integrating with ULS technology’s full solicitor panel enables us to offer just this.”

Meanwhile, Paul Saunders, director of lender services at ULS technology, said: “We’re really pleased to have been selected by MPowered Mortgages to manage its solicitor panel and integrate our services to deliver customers with an enhanced homebuying and remortgaging experience.

“MPowered Mortgages has launched to market promising customers a more automated, digitised and dynamic process and our partnership will enable the delivery of electronic Offers and Certificates of Title to help it deliver on this promise.”
Posted at 19/5/2021 10:08 by simon gordon
Good to see Jesper getting out there as a 'thought leader':

Mortgage Finance Gazette - 18/5/21:

Conveyancing: What I’ve learned since joining ULS


One hundred days into his role as CEO of ULS, Jesper With-Fogstrup reflects on the strides made so far in conveyancing and how, going forward, transparency will be crucial

It’s now around 100 days since I joined ULS as CEO, which makes it an excellent time to take a step back and consider how my experience has differed from my expectations, and what I’ve learned from my first couple of months within the home moving world.

Part of my motivation for joining ULS was my passionate belief that there is a real opportunity to introduce true transparency to the conveyancing world, to help buyers and sellers understand why conveyancing is important for their house deal and to use that transparency to make the process more customer focused and efficient.

One of the most gratifying parts of my first few months has been the validation of that viewpoint – that the ingredients are there to deliver a much better experience for our customers.

If I’m being completely honest, I did have some nagging doubts about how receptive certain elements of our own team, and those in our partner firms, might be.

Sure, I knew there would be some who had long since recognised that tasks could be carried out in a more efficient way, making the process of buying or selling a property far less stressful, but equally there are always going to be those who are happy with the status quo and are resistant to change.

Customer-focused

It’s been a really pleasant surprise to see that actually there’s an appetite for a fresh approach virtually across the board. That’s not just unexpected, it’s also enormously encouraging.

It shows that we are all singing from a similar hymn sheet, and want to see the industry move in a more customer-focused direction. That is a really positive thing.

As an industry, we aren’t great at putting ourselves in the shoes of our customers. It’s so easy to forget that people don’t move house all the time, and so the process of conveyancing is absolutely alien to them.

All too often homemovers have absolutely no idea what they are paying for, or why it matters to them. As a result they perceive conveyancing as a more complex issue than it really needs to be.

We all need to do a much better job of recognising just how abstract conveyancing can seem to our customers, and take strides to not only be clearer about why it’s a crucial element of the house buying process, but also be far more transparent about how cases are progressing and what is happening at each stage.

By demystifying conveyancing, we can not only provide our customers with a higher level of support, but we can also ensure the process is far more efficient.

Getting that customer buy-in means that they may take a more proactive role, realising when a case is delayed by an issue that they can rectify, for example by providing certain forms of documentation.

Demystifying conveyancing

What has been particularly enlightening during my first 100 days at ULS has been that the conveyancers actually do a fantastic, and important, job for buyers and sellers alike.

The lack of clarity around the service provided isn’t borne from a desire to befuddle our customers, to get them to look the other way while corners are cut.

No, across the board the conveyancing industry is actually providing a remarkable service. Yet the ambiguity means that the value provided by conveyancers is not properly understood, and may even act as a barrier for some customers.

There is clearly lots of work to be done in addressing this particular shortcoming. Also, as conveyancing becomes more efficient, conveyancers will arguably have more time available to spend with movers explaining the process and making it more customer-focused, making conveyancing real to movers.

Progress

When I first took this job, I wrote out some objectives and targets for what I wanted to achieve at ULS, and it’s exciting to see how much progress has already been made on meeting those.

We’ve started testing new systems and ways of working across the business, and the early results are particularly promising.

As someone who gets a lot of energy from talking with my colleagues in person, having to set out my expectations and have those key dialogues with the team remotely has been a new challenge; the positive reception and dialogue shows that we are all pulling in the same direction.

It’s been an excellent start, and a lot of work remains to be done. We are just getting started making the process of buying, selling and owning a home more transparent and simpler.

Inevitably there will be learnings along the way, and I’m positive that through the sensible and sensitive integration of technology, we can not only demystify conveyancing but deliver an all-round more satisfying experience to our customers. My experience over the last three months has only made me more determined to deliver that.

Jesper With-Fogstrup is chief executive officer, ULS Technology
Uls Technology share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock