N8 Trade Ltd

  • Small
  • Active
  • 3 years
  • Confirmation overdue 3 months
  • 1 employee
  • £2,011,475 (assets)
  • £5,743,523 (revenue)
  • Real address
  • 1 director
  • No owners
  • Regular importer

Field of Operation

Wholesale of radio, television goods & electrical household appliances (other than records, tapes, CD's & video tapes and the equipment used for playing them)
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Wholesale of electronic and telecommunications equipment and parts
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Security systems service activities
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Website

Summary

N8 Trade Ltd from Manchester UK: a small, active company founded three years ago, is currently two months overdue on its confirmation statement. Employing just one person, it holds £2,011,475 in assets and generates a yearly revenue of £5,743,523. The company has a real address and is directed by Jones Amelia Penelope, with no owners currently listed. It regularly imports electrical machinery and equipment, with its last import operation occurring in May 2024.

The company's website, n8trade.co.uk, focuses on architectural solutions, describing itself as a "pioneering firm" offering a "comprehensive suite of professional services." It highlights services like renovation, restoration, consulting, and project management, alongside an app for architects and a newsletter featuring design insights. The site also includes a blog with articles and case studies, and even a "Hello world!" post from October 2024. It's clear the company is focused on a B2B architectural services model, not direct sales.

Financially, N8 Trade Ltd presents a mixed picture. While turnover has increased significantly by 75%, from £3.3 million to £5.7 million, net assets have seen a dramatic increase, jumping from £30,000 to a staggering £2.7 million. This is largely due to a substantial increase in cash reserves, which have risen from £23,000 to £650,000. However, bank borrowings have also increased by a large percentage, reaching £29,000. Creditors have also increased, suggesting the company is taking on more debt. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile. With no auditor mentioned, the figures rely on unaudited statements.

Overall, N8 Trade Ltd appears to be experiencing rapid growth, but it’s important to monitor its debt levels and ensure its financial health remains strong. The company's focus on architectural services and its apparent success in securing projects suggest a promising future, although the sudden increase in debt warrants further scrutiny.

Registered in England/Wales under the registration number 13938984, with a registered address at M13 9GP, England, Manchester, 138 Oxford Rd,.

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

Managers

Director

Last reports

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Last news

  1. Compulsory strike-off action has been suspended
  2. First Gazette notice for compulsory strike-off
  3. Statement of capital following an allotment of shares on 2024-09-01
See all events

Importer profile by HS codes

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Last imported products

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