N-and Group Ltd

N-and Group Ltd is a small holding company based in Calne, UK, with an active status. Founded nine years ago in November 2015, it employs thirteen people and holds assets totaling £5,585,474. The company operates from a virtual address, registered at 1 Market Hill, a location shared by 270 other companies, which raises questions about its physical presence. It's managed by five directors and owned by two entities, Csh Srl and Tag Up Ltd. The company regularly imports electrical machinery and equipment, with the last import occurring in May 2024, but exports very little, with only two months of activity recorded.

The company’s website highlights its focus on technology scouting, design development, and innovation processes, offering services to businesses seeking to implement new technologies or improve existing ones. It positions itself as a provider of cutting-edge products and software platforms, specializing in human-machine interaction. The website emphasizes a network of operations and trade sites across Europe and Asia, reporting to Nand Group, and boasts a forward-looking culture dedicated to delivering game-changing results.

Financially, N-and Group Ltd presents a mixed picture. While current assets increased by 17% to £5,600,000, net assets jumped 19% to £7,500,000. However, cash reserves plummeted 84% to just £480,000, and bank borrowings surged 130% to £2,000,000. Trade debtors also increased significantly, by 210%, reaching £4,000,000. 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 agility, but the substantial increase in debt and decrease in cash warrants attention. The company is exempt from an audit, so the figures are unaudited. Amortisation expense for intangible assets increased dramatically, by 2200%, which could indicate a significant investment in intellectual property or a change in accounting practices. The company’s financial statements were authorised on March 12th, 2024.

Registered in England/Wales under the registration number 09867611, with a registered address at SN11 0BT, England, Calne, Wiltshire, 1 Market Hill.

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