Nafd Ventures Limited

Nafd Ventures Limited is a small, holding company based in Solihull, UK, with an active status. Founded nine years ago in 2016, the company holds £1,035,572 in assets and operates from a real address shared by three other companies. It's managed by four directors and has one reported owner, though this list may not be exhaustive. Nafd Ventures is an irregular importer, primarily dealing in electrical machinery and equipment, with the last import operation recorded in September 6024.

The company's website reveals its connection to the National Funeral Exhibition, a prominent trade show for the funeral sector. The exhibition, wholly owned and organised by the National Association of Funeral Directors, attracts 4,500 professionals and features a wide range of exhibitors, from vehicle fleets to online memorial services. The website emphasizes networking opportunities and showcases the latest innovations in the industry. It seems they are focused on supporting the funeral industry, and the exhibition is their main event.

Financially, Nafd Ventures Limited presents a mixed picture. While cash reserves increased by 70% to £740,000, net assets plummeted 88% to just £15,000—a significant decline. Trade debtors have also increased substantially, ballooning by 490% to £300,000, suggesting potential difficulties in collecting payments. Creditors, however, decreased by 180%, which is a positive sign. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the financial statements are unaudited.

The company's financial situation seems to be in flux, with a large cash balance offset by a sharp decline in equity. It's possible that increased trade debtors are a temporary issue, or perhaps a sign of a growing business facing cash flow challenges. The success of the National Funeral Exhibition will likely be a key factor in determining the company’s future financial health.

Registered in England/Wales under the registration number 09981651, with a registered address at B91 1AA, England, Solihull, 618 Warwick Road.

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