Navabi Limited

Navabi Limited, based in Cookstown, UK, is a small holding company with an active status, founded eight years ago in 2016. Employing eight people, the company holds assets valued at £2,608,798. It operates from a real address and is led by one director and one owner, currently rated 2.0 on Google based on three reviews. Navabi Limited is an irregular importer, specializing in machinery, boilers, and mechanical appliances; parts, with just one month of import activity recorded as of July 2023.

The company’s website showcases Navabi as a mechanical engineering specialist with over 20 years of experience. It delivers services across the UK and Ireland, focusing on plumbing, heating, air-conditioning, and related installations. Projects listed include work at hotels in Dublin, Belfast, and Bath, demonstrating a focus on commercial and hospitality sectors. The site emphasizes a dedicated team and a proven track record, highlighting repeat business from major clients. Contact information and social media links are provided, along with a commitment to energy sustainability and BIM integration.

Financially, Navabi Limited presents a mixed picture. Current assets increased by 110% to £2,600,000, while net assets rose 64% to £1,400,000. However, bank borrowings surged by 710%, reaching £91,000, and cash reserves increased by 48% to £1,200,000. Trade debtors ballooned by 380%, suggesting a reliance on customer payments, and creditors decreased by 37%, indicating improved debt management. 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 significant increase in bank borrowings warrants further investigation. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In conclusion, Navabi Limited appears to be growing, but it’s managing increased debt. Its focus on mechanical engineering services and established client base provides a solid foundation, but careful financial management will be crucial for sustained success.

Registered in Northern Ireland under the registration number NI642412, with a registered address at BT80 8NX, United Kingdom, Cookstown, Co. Tyrone, 15e Molesworth Street.

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