Group Nivelles Ltd
- Small
- Active
- 7 years
- 2 employees
- £72,683 (assets)
- Virtual address
- 2 directors
- 1 owner
- Regular importer
- Irregular exporter
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Group Nivelles Ltd is a small, active company based in South Cave, UK, founded seven years ago in 2017. It has one employee and holds £87,068 in assets, operating from a virtual address shared by forty other companies. The company is owned and directed by Nivelles Bart Laurent Maria Olga Victor, alongside Myukoffice Ltd. It’s a solo founder operation.
The company’s primary activity involves importing iron or steel products, with 29 months of import activity recorded, the last in February 2025. It also exports plastics and plastic products, though less frequently, with only one month of export activity in February 2023. The company operates in the wholesale of wood, construction materials and sanitary equipment industries.
Financially, Group Nivelles Ltd presents a mixed picture. Cash bank on hand increased by a significant 110% to £36,000, a positive sign. However, net current assets liabilities increased by 7.7% to -£130,000, and trade debtors decreased by a substantial 44% to £28,000. Creditors, however, increased by 17% to £170,000. 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 flexibility, but the decrease in equity—a 4.7% drop to -£210,000—suggests a need for careful management. The company’s average number of employees during the period increased by 100% to two, which could be a positive sign of growth. With no auditor mentioned, the figures are unaudited.
The company’s financial data shows a concerning trend of burning through money, with losses continuing and a reliance on borrowing. The increase in creditors and decrease in cash reserves suggests a need for improved cash flow management. While the import business seems stable, the overall financial health of Group Nivelles Ltd warrants close attention.
Registered in England/Wales under the registration number 11084838, with a registered address at HU15 2HG, United Kingdom, South Cave, Westwood House, Annie Med Lane.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 7 years
- 75%+
-
Resident of Belgium
Managers
-
Corporate
- 7 years
- 125
-
Resident of United Kingdom
-
Individual
- 7 years
-
Resident of Belgium
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Total exemption full accounts made up to 2024-12-31Download 8 pages pdf report
-
Confirmation statement made on 2024-11-27 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-12-31Download 8 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Group Nivelles Ltd
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