N2 (uk) Ltd

N2 (UK) Ltd, based in Waterlooville, UK, is a small, active family business established eleven years ago. Employing thirteen people, the company holds £455,915 in assets and operates from a real address. With five directors and four owners, N2 (UK) Ltd is a regular importer and exporter of optical and medical tools and devices, having imported for fifteen months and exported for eighty-seven months.

The company's website reveals a focus on veterinary surgical devices and implants, manufactured in the UK. It caters to surgeons worldwide, offering a wide range of instruments and implants, including screws, plates, wires, and pins. The site emphasizes high quality, value for money, and access to innovative products, even offering custom plates. Customers can shop online, use a quick search function, or order again from previous purchases. They also provide CPD credits and training videos.

Financially, N2 (UK) Ltd’s report shows some concerning trends. While cash bank on hand increased by 54% to £190,000, net assets decreased by 25% to £110,000. Bank borrowings increased significantly, jumping to £35,000, and trade creditors ballooned by 200% to £180,000. The company’s small size (meeting two of three criteria for a small company) helps with agility, but the increased debt and declining equity suggest potential financial pressure. The company’s net current assets also decreased by 25% to £150,000. With no auditor mentioned, the financial statements are unaudited. It's possible the company is investing heavily in growth, but the rising debt levels warrant close monitoring.

Registered in England/Wales under the registration number 08511771, with a registered address at PO8 8BD, Waterlooville, Hampshire, 8 Idsworth Road, Cowplain.

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