Nammu Tech Ltd

Nammu Tech Ltd, based in Worcester, UK, is a small, active company founded seven years ago. With £625,280 in assets and a virtual address, the firm operates with three directors and one owner. It's a regular importer of toys, games, and sports equipment, with five months of import activity recorded as of January 2024, but an irregular exporter, with just one month of export activity as of May 2022.

The company's website showcases a passion for technical and sidemount dive equipment, specializing in high-quality, innovative designs. They cater to both individual divers and larger companies, offering custom parts and additive manufacturing services—a growing area for smaller businesses. Their focus on practical, ergonomic, and cost-effective solutions, coupled with a small team of technical divers and technologists, suggests a customer-centric approach.

Financially, Nammu Tech Ltd presents a mixed picture. While current assets grew by 28% to £630,000, net assets declined by 31% to -£790,000, a significant drop. Bank borrowings increased by 30% to £1.4 million, and cash reserves plummeted 42% to -£5,600. Creditors also rose by 30% to £1.4 million, and trade debtors decreased by 86% to just £660. 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 equity decline and negative cash flow raise concerns. No auditor is mentioned, likely due to small company exemption.

Overall, Nammu Tech Ltd appears to be navigating a challenging period, balancing its passion for dive equipment innovation with financial pressures. The company's ability to leverage its custom parts service and maintain customer satisfaction will be key to its long-term success.

Registered in England/Wales under the registration number 10906151, with a registered address at WR8 0SW, England, Worcester, Unit 1b Upton Business Centre Welland Road, Upton-Upon-Severn.

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