Nationwide Specialist Projects Limited

Nationwide Specialist Projects Ltd from Kidderminster UK is a small holding company with an active status, established ten years ago in 2014. Employing twenty people, the company holds £2,321,396 in assets and operates from a real address at Europa Building, Hoo Farm Industrial Estate. It’s overseen by four directors and one owner, and functions as an irregular importer of machinery, boilers, and mechanical appliances, with parts imported just one month ago. The company operates in the electrical installation industries.

The company’s website, nspsystems.co.uk, showcases its expertise as a specialist in smoke control and ventilation for high-rise buildings. It offers design, installation, maintenance, and certification services, targeting sectors like residential, retail, and car parks. The site highlights a commitment to rigorous compliance and innovation, positioning NSP as a partner for ensuring safety in high-rise structures. It’s clear they’re focused on B2B sales, with a strong emphasis on technical specifications and regulatory adherence.

Financially, Nationwide Specialist Projects Ltd presents a mixed picture. While current assets remained relatively stable at £2.3 million, net assets experienced a significant drop of 68%, settling at £880,000. Bank borrowings surged by an impressive 2,400%, reaching £29,000, and cash reserves plummeted 54%, leaving just £700,000. Creditors, however, decreased by 46%, suggesting improved management of short-term liabilities. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The sharp decline in equity raises questions about the company’s financial health. Perhaps the increased borrowing is linked to expansion or investment in new technologies, but the drop in cash reserves is a concern. It’s possible the irregular import activity, with its limited timeframe, has impacted cash flow. Despite these challenges, the company's focus on a specialized niche and its commitment to high-rise safety suggest a potential for long-term success.

Registered in England/Wales under the registration number 09162247, with a registered address at DY11 7RA, United Kingdom, Kidderminster, Worcestershire, Europa Building 35a Arthur Drive, Hoo Farm Industrial Estate.

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