Naqua Ltd

Naqua Ltd, based in Sandwich, UK, is a small, active company founded eight years ago in 2016. With four employees and £446,344 in assets, it operates from a real address at Discovery Park. The company is led by four directors and owned by Endacott Adrian. It regularly imports machinery, boilers, and mechanical appliances, parts, with the last import operation in December 2024. It also exports pharmaceutical products, though less frequently, with the last export in October 2022.

The company's website showcases a specialized business: selling anti-parasitic solutions for household pets. It donates a full dose of treatment to an animal in need with every purchase, and has donated over 37,000 treatments in 2023. The site offers a range of products for birds, reptiles, cats, dogs, and small animals, with a focus on mite treatments and spot-on solutions. It even has a blog highlighting its support for local animal charities.

Financially, Naqua Ltd presents a mixed picture. While current assets remained relatively stable at £450,000, net assets experienced a significant drop of 35%, settling at £130,000. Bank borrowings increased substantially by 110%, reaching £300,000, and cash reserves plummeted 99%, leaving only £2,000. Trade creditors also increased by 120%, reaching £240,000. 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 sharp decline in equity and cash raises concerns. The company is exempt from audit, so the financial statements are unaudited.

It seems like Naqua Ltd is navigating a period of financial pressure despite its successful niche business. The increased borrowing and reduced cash reserves suggest a need for careful management, but the company’s commitment to animal welfare and its specialized product range could provide a solid foundation for future growth.

Registered in England/Wales under the registration number 10289002, with a registered address at CT13 9ND, England, Sandwich, Naqua, Building 500, Discovery Park, Ramsgate Road.

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