Nar Ltd

Nar Ltd is a small, family-run business based in Torquay, UK, with an active trading status. Founded eighteen years ago in 2007, the company employs just two people and holds £461,033 in assets. It operates from a real address and is managed by two directors and owners. The company regularly imports paper and paperboard products, with 47 months of import activity recorded, and exports them too, for 10 months.

Nar Ltd’s website, NAR Group, reveals a specialized operation: advanced automotive cooling solutions. The company manufactures cooling components for various industries, ranging from classic car restoration to military defense. It even designed a cooling upgrade for fighting vehicles, working closely with the UK MOD. The site showcases a comprehensive range of products, including radiator cores, oil coolers, and intercoolers, and emphasizes in-house manufacturing, research and development, and quality control. The company also offers remanufacturing services and has a dedicated vehicle workshop.

Financially, Nar Ltd presents a mixed picture. Creditors increased significantly, by 81%, while cash reserves grew by a healthy 100% to £240,000. Bank borrowings decreased by 25%, suggesting improved debt management. However, net assets only grew by a modest 8.3%, and accumulated depreciation increased substantially, by 240%. 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 flexibility, but the increase in depreciation could be a sign of investment in plant and machinery. With no auditor mentioned, the figures are unaudited. It's a little concerning that corporation tax payable has increased so much, by 2100%.

Registered in England/Wales under the registration number 06054906, with a registered address at TQ2 5EG, England, Torquay, Devon, Carlton Chambers, 15 Vaughan Parade.

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