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U.S. SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549



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FORM 10-KSB



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|x | Annual report pursuant to section 13 or 15(d) of the Securities Act of 1934.
|- | ----------------------------------------------------------------------------



For the fiscal year ended December 31, 2004



| ̈ | Transition report pursuant to section 13 or 15(d) of the Securities Act of 1934.
|- | --------------------------------------------------------------------------------



For the Transition period from  to
.



Commission file number: 000-49729



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UHF Incorporated

(Name of small business issuer in its charter)



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|                                                               |  |                                        
|-------------------------------------------------------------- |  | ---------------------------------------
|Michigan                                                       |  | 38-1740889                             
|(State or other jurisdiction of incorporation or organization) |  | (I.R.S. Employer Identification Number)



24001 Greater Mack
Avenue

St. Clair Shores, Michigan 48080

(Address and zip code of principal executive offices)



(586) 778-0900

(Issuers phone number including area code)



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Securities to be registered pursuant to Section 12(b) of the Act:

None



Securities to be registered pursuant to Section 12(g) of
the Act:

Common Stock, par value $.001 per share



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Check whether
the issuer (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities and Exchange Act of 1934 during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has
been subject to such filing requirements for the past 90 days.    Yes  x    No ̈



Check if no disclosure of delinquent filers
to Item 405 of Regulation S-B is contained in this form, and no disclosure will be contained, to the best of registrants knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-KSB or any
amendment to this Form 10-KSB.  x



The issuers revenues for its most recent fiscal year were $0.



The aggregate market value of the voting stock, consisting solely of common stock, held by non-affiliates of the issuer computed by reference to the closing price of such stock was $0 as of December 31, 2004.



The number of shares of the issuers common stock outstanding, as of December 31, 2004
was 9,480,754.



Transitional Small Business Disclosure
Format:    Yes  x    No ̈



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PART I

[Items 6 - 12 of Model B of Form 1-A]



ITEM 6. DESCRIPTION OF
BUSINESS.



UHF Incorporated (the Company) was
incorporated in Michigan on March 13, 1964 with the name State Die & Manufacturing Company. On March 1, 1971 its name was changed to State Manufacturing, Inc., on April 1, 1981 its name was changed to State Die and Engineering Inc., on July 19,
1984 its name was changed to Universal Robotics and Automation, Inc., on October 23, 1984 its name was changed to Universal Automation Corporation, and on March 4, 1992 its name was changed to UHF Incorporated.



In 1991, the Company became a holding company by transferring its assets to a
newly-formed, wholly-owned corporation and by purchasing the outstanding stock of two closely held corporations. These three subsidiaries sold their businesses in 1994, and the Company paid its debts. Since 1994, the Company has been inactive and
has had no assets or employees. The Company has no patents, trademarks, licenses, franchises, concessions, royalty agreements or labor contracts and is not aware of any environmental liabilities or potential environmental liabilities.



The Company has no plan of operation for the next 12 months and no plans to
hire any employees. The Company anticipates that any cash requirements it may have over the next 12 months will be funded by its majority stockholder.



ITEM 7. DESCRIPTION OF PROPERTY.



The Company neither owns nor leases any properties.



ITEM 8. DIRECTORS, EXECUTIVE OFFICERS AND SIGNIFICANT EMPLOYEES.



Information concerning the directors and executive officers of the Company is set forth below. The Company has no employees.



Ronald C. Schmeiser, age 74, has been a director, President and Chief
Executive Officer of the Company since 1998. He is a Certified Public Accountant and a former Director of Finance of the City of Pittsburgh, Pennsylvania. Mr. Schmeiser has been the Deputy Controller and School Auditor of the Pittsburgh School
District since January 1, 2000 and prior thereto served as President of Kromer Associates, a financial consulting firm.



Walter L. Baumgardner, age 64, has been a director, Vice President and General Counsel of the Company since 1991. He has been a practicing attorney for
more than five years.



Victor H. Pribanic, age 50, has been a
director, Vice President and Treasurer of the Company since 1998. He has been a practicing attorney for more than five years.



Vincent J. Senko, age 54, has been Secretary of the Company since 1998. He has been a practicing attorney for more than five years.



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The By-Laws of the Company provide for a Board of seven directors, however there have been only three
directors since that provision was adopted in 1998. The By-Laws also provide that the directors shall hold office for a period of three years, with one-third of the Board of Directors being elected at each annual meeting, and that at the annual
meeting of shareholders in the year 1998 one director shall be elected for a period of three years, one director shall be elected for a period of two years and one director shall be elected for a period of one year. At that meeting, Mr. Schmeiser
was elected for a three-year term, Mr. Baumgardner for a two-year term and Mr. Pribanic for a one-year term. No shareholder meetings have been held since that time.



ITEM 9. REMUNERATION OF DIRECTORS AND OFFICERS.



No compensation was awarded to, earned by or paid to any officers or directors of the Company during the three fiscal years. The Company has no
remuneration or benefit plans or arrangements.



ITEM 10. SECURITY OWNERSHIP OF
MANAGEMENT AND CERTAIN SECURITYHOLDERS.



The only security the
Company has outstanding is common stock, par value $.001 per share (Common Stock). The following table sets forth information concerning persons or entities that own of record more than five percent of the outstanding Common Stock.
Except for Dachris, Ltd., the Company has no information concerning the beneficial ownership of the shares beyond what is shown on the official list of the owners of record.



STOCK OWNERSHIP OF CERTAIN BENEFICIAL OWNERS



|                      |  |                                                      |  |              |  |                 
|--------------------- |  | ---------------------------------------------------- |  | ------------ |  | ----------------
|Name                  |  | Address                                              |  | Shares Owned |  | Percent of Class
|Dachris, Ltd.*        |  | 304 Ross Street Pittsburgh, PA 15219                 |  | 6,331,992    |  | 66.79           
|                      |  |                                                      | 
|Walter L. Baumgardner |  | 24000 Greater Mack Avenue St. Clair Shores, MI
48080 |  | 474,250      |  | 5.00            

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|* | Dachris, Ltd., a Pennsylvania corporation, is wholly-owned by David L. Lichtenstein whose address is 304 Ross Street, Pittsburgh, PA 15219.
|- | -------------------------------------------------------------------------------------------------------------------------------------------



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The following table sets forth information concerning the beneficial ownership of Common Stock by the
directors and officers of the Company and by all directors and officers of the Company as a group. There are no options, warrants or other rights outstanding to purchase securities from the Company, except as noted in Item 12 below.



STOCK OWNERSHIP OF MANAGEMENT



|                                                |  |                                                 |  |              |  |                 
|----------------------------------------------- |  | ----------------------------------------------- |  | ------------ |  | ----------------
|Name                                            |  | Positions                                       |  | Shares Owned |  | Percent of Class
|Ronald C. Schmeiser                             |  | Director, President and Chief Executive
Officer |  | 200,000      |  | 2.11            
|                                                |  |                                                 | 
|Walter L. Baumgardner                           |  | Director, Vice President and General
Counsel    |  | 474,250      |  | 5.00            
|                                                |  |                                                 | 
|Victor H. Pribanic                              |  | Director, Vice President and Treasurer          |  | 375,000      |  | 3.96            
|                                                |  |                                                 | 
|Vincent J. Senko                                |  | Secretary                                       |  | 100,000      |  | 1.05            
|                                                |  |                                                 | 
|All directors and executive officers as a group |  |                                                 |  | 1,149,250    |  | 12.12           



ITEM 11. INTEREST OF MANAGEMENT AND
OTHERS IN CERTAIN TRANSACTIONS.



None



ITEM 12. DESCRIPTION OF SECURITIES.



The Company is authorized to issue up to 50,000,000 shares of Common Stock,
of which 9,480,754 are issued and outstanding. All shares of Common Stock currently outstanding are fully paid and nonassessable. In addition to the shares currently outstanding, the Company may be required to issue 50,000 shares of Common Stock to
an outside consultant. The Common Stock has no preemptive or conversion rights and no redemption or sinking fund provisions. All shares have one vote on any matter submitted to a vote of shareholders, and the holders thereof have cumulative voting
rights in the election of directors. Holders of the Common Stock are entitled to receive dividends when and as declared by the Board of Directors out of funds legally available therefor. Upon dissolution of the Company, the holders of the Common
Stock will be entitled to share ratably in the assets remaining after the payment of indebtedness and other priority claims. The directors of the Company serve for staggered terms of three years. See Item 8.



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PART II



ITEM 1. MARKET PRICE OF AND DIVIDENDS ON THE REGISTRANTS COMMON EQUITY AND RELATED STOCKHOLDER MATTERS.



There is no public trading market for the Common Stock. There are 229
holders of record of the Common Stock. No cash dividends were declared on the Common Stock during the last two fiscal years. The Company has no compensation plans or individual compensation arrangements.



ITEM 2. LEGAL PROCEEDINGS.



To the Companys knowledge, the Company is not a party to any pending legal proceeding, and the Company is not aware of
any legal proceeding that may be contemplated against it by any governmental authority.



ITEM 3. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS.



None



ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.



No matters were submitted to a vote of the Companys
security holders during the fourth quarter of fiscal year 2004.



ITEM 5.
COMPLIANCE WITH SECTION 16(a) OF THE EXCHANGE ACT.



None



ITEM 6. REPORTS ON FORM 8-K



None



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PART F/S



UHF INCORPORATED



FINANCIAL STATEMENTS AND

INDEPENDENT
AUDITORS REPORT

December 31, 2004, 2003, and 2002



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LOGO



Four Gateway Center, 9thFloor, Pittsburgh, PA 15222

Tel: 412-281-8771·Fax: 412-281-7001

email: info@louisplung.com



INDEPENDENT
AUDITORS REPORT



To the Board of Directors

and Stockholders of

UHF Incorporated



We have audited the accompanying balance sheets of UHF Incorporated as of December 31, 2004
and 2003 and the related statements of operations and retained deficit and cash flows for the years ended December 31, 2004, 2003, and 2002. These financial statements are the responsibility of the Companys management. Our responsibility is to
express an opinion on these financial statements based on our audits.



We
conducted our audits in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the financial statements are free
of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by
management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.



In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of UHF Incorporated as of December 31, 2004
and 2003, and the results of its operations and its cash flows for the years ended December 31, 2004, 2003, and 2002, in conformity with accounting principles generally accepted in the United States of America.



LOUIS PLUNG & COMPANY, LLP



Pittsburgh, Pennsylvania

January 7, 2005



|                                                       |  |                                                  |                                                 |                     
|------------------------------------------------------ |  | ------------------------------------------------ | ----------------------------------------------- | --------------------
|American Institute of                                  |  | LOGOIndependent Member Firms in Principal Cities |                                                 | SEC Practice Section
|Certified Public Accountants                           |  |                                                  | of the AICPA                                   
|Pennsylvania Institute of Certified Public Accountants |  |                                                  | Private Companies Practice Section of the AICPA



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UHF INCORPORATED



BALANCE SHEETS

December 31, 2004 and 2003



|                                                                                              |  |      |        |   |      |   |        |  
|--------------------------------------------------------------------------------------------- |  | ---- | ------ | - | ---- | - | ------ | -
|                                                                                              |  | 2004 |        |   | 2003 |  
|ASSETS                                                                                        |  |      |        |   |      |   |        |  
|CASH                                                                                          |  | $    |       |   |      | $ |       |  
|                                                                                              |  |      |        |   |      |   |        |  
|ORGANIZATION COST                                                                             |  |      |       |   |      |   |       |  
|                                                                                              |  |      |        |   |      |   |        |  
|TOTAL ASSETS                                                                                  |  | $    |       |   |      | $ |       |  
|                                                                                              |  |      |        |   |      |   |        |  
|LIABILITIES AND STOCKHOLDERS' DEFICIT                                                         |  |      |        |   |      |   |        |  
|                                                                                              |  |     
|ACCRUED EXPENSES                                                                              |  | $    | 4,000  |   |      | $ | 4,000  |  
|                                                                                              |  |      |        |   |      |   |        |  
|Total liabilities                                                                             |  |      | 4,000  |   |      |   | 4,000  |  
|                                                                                              |  |      |        |   |      |   |        |  
|COMMITMENTS AND CONTINGENCIES                                                                 |  |      |       |   |      |   |       |  
|                                                                                              |  |     
|STOCKHOLDERS' DEFICIT                                                                         |  |      |        |   |      |   |        |  
|Common stock, $.001 par value; 50,000,000 authorized shares, 9,480,754 issued and outstanding |  |      | 9,481  |   |      |   | 9,481  |  
|                                                                                              |  |     
|PAID IN CAPITAL                                                                               |  |      | (9,481 | ) |      |   | (9,481 | )
|                                                                                              |  |     
|RETAINED DEFICIT                                                                              |  |      | (4,000 | ) |      |   | (4,000 | )
|                                                                                              |  |     
|Total stockholders' deficit                                                                   |  |      | (4,000 | ) |      |   | (4,000 | )
|                                                                                              |  |      |        |   |      |   |        |  
|TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT                                                   |  | $    |       |   |      | $ |       |  
|                                                                                              |  |      |        |   |      |   |        |  



The accompanying notes
are an integral part of these financial statements.



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UHF INCORPORATED



STATEMENTS OF OPERATIONS AND RETAINED DEFICIT

Years Ended December 31, 2004, 2003, and 2002



|                                     |  |      |        |   |      |   |        |      |  |   |        |  
|------------------------------------ |  | ---- | ------ | - | ---- | - | ------ | ---- |  | - | ------ | -
|                                     |  | 2004 |        |   | 2003 |   |        | 2002 | 
|REVENUE                              |  | $    |       |   |      | $ |       |      |  | $ |       |  
|OPERATING EXPENSES                   |  |      |       |   |      |   |       |      |  |   |       |  
|                                     |  |      |        |   |      |   |        |      |  |   |        |  
|NET INCOME                           |  |      |       |   |      |   |       |      |  |   |       |  
|                                     |  |      |        |   |      |   |        |      |  |   |        |  
|Retained Deficit - Beginning of Year |  |      | (4,000 | ) |      |   | (4,000 | )    |  |   | (4,000 | )
|                                     |  |      |        |   |      |   |        |      |  |   |        |  
|RETAINED DEFICIT - END OF YEAR       |  | $    | (4,000 | ) |      | $ | (4,000 | )    |  | $ | (4,000 | )
|                                     |  |      |        |   |      |   |        |      |  |   |        |  



The accompanying notes
are an integral part of these financial statements.



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UHF INCORPORATED



STATEMENTS OF CASH FLOWS

Years Ended December 31, 2004, 2003, and 2002



|                                            |  |      |   |      |   |      |  |   |  
|------------------------------------------- |  | ---- | - | ---- | - | ---- |  | - | -
|                                            |  | 2004 |   | 2003 |   | 2002
|CASH FLOWS FROM OPERATING ACTIVITY - NONE   |  | $    |  |      | $ |     |  | $ | 
|CASH FLOW FROM INVESTING ACTIVITIES - NONE  |  |      |  |      |   |     |  |   | 
|CASH FLOWS FROM FINANCING ACTIVITIES - NONE |  |      |  |      |   |     |  |   | 
|                                            |  |      |   |      |   |      |  |   |  
|Net change in cash                          |  |      |  |      |   |     |  |   | 
|Cash - Beginning of Year                    |  |      |  |      |   |     |  |   | 
|                                            |  |      |   |      |   |      |  |   |  
|CASH - END OF YEAR                          |  | $    |  |      | $ |     |  | $ | 
|                                            |  |      |   |      |   |      |  |   |  



The accompanying notes
are an integral part of these financial statements.



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UHF INCORPORATED



NOTES TO FINANCIAL STATEMENTS



|1. | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
|-- | ------------------------------------------



Nature of Operations - UHF Incorporated (the Company) is a corporation organized under the laws of the state of Michigan. The Company
has been inactive and has not conducted any business in the ordinary course since July 1, 1994. Management has no current plans to conduct any business activity for the next twelve months and no plans to hire any employees. The Company anticipates
that any cash requirements it may have over the next twelve months will be funded by its majority stockholder.



Basis of Accounting - The financial statements are prepared using the accrual basis of accounting in which revenues are recognized when earned and
expenses are recognized when incurred.



Estimates - The
preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Actual
results may differ from these estimates and assumptions.



New Accounting Pronouncements - The following is a listing of new accounting pronouncements issued by the Financial Accounting Standards Board (FASB) and managements assessment regarding the effect they will have on the
Companys results of operations and financial position. Accounting pronouncements consist of Statements of Financial Accounting Standards (SFAS) and FASB Interpretations (FIN).



SFAS No. 151, Inventory Costs - an amendment of ARB No. 43, Chapter 4, issued November 2004. Management does not
believe that adoption of this statement will have a material effect on the Company. Management will reevaluate this statement upon entering into any business activity.



SFAS No. 153, Exchanges of Nonmonetary Assets - an amendment of APB Opinion No. 29, issued December 2004.
Management does not believe that adoption of this statement will have a material effect on the Company. Management will reevaluate this statement upon entering into any business activity.



SFAS 123 (revised 2004), Share-Based Payment, issued December
2004. Management does not believe that adoption of this statement will have a material effect on the Company. Management will reevaluate this statement upon entering into any business activity.



|2. | COMMITMENT AND CONTINGENCIES
|-- | ----------------------------



Management has no knowledge and is not aware of any commitments or contingencies under which the Company is liable. Management has also represented that
they are not aware of any pending or threatened litigation, claims, or assessments against the Company.



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PART III



ITEM 1. INDEX TO EXHIBITS.



(2) Restated Articles of Incorporation and By-Laws, as amended to date, filed as Exhibit 2 to the Companys Registration Statement on Form 10-SB, and incorporated herein by reference.



SIGNATURE



Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its
behalf by the undersigned, thereunto duly authorized.



|                      |  |                  |  |                        
|--------------------- |  | ---------------- |  | -----------------------
|                      |  | UHF INCORPORATED
|                      |  | (Registrant)    
|                      |  |                 
|Date: January 7, 2005 |  | By:              |  | /s/ Ronald C. Schmeiser
|                      |  |                  |  | Ronald C. Schmeiser    
|                      |  |                  |  | President and Chief    
|                      |  |                  |  | Executive Officer      



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