Navac International Limited

Navac International Ltd from Nottingham UK: small company, holding company, active status, founded 4 years ago, 37 employees, £773,738 assets, virtual address, 3 directors, 1 owner. Irregular importer of furniture, lighting, and prefabricated buildings (1 months imported).

Navac International Ltd operates in the hotels and similar accommodation industries and is a holding company with a small business structure. Incorporated in December 2020, it employs 37 people and holds assets valued at £773,738. The registered address is a virtual one, as 144 companies share the same location, which is a red flag. Three directors and one owner (likely not exhaustive) manage the company. It’s an irregular importer, bringing in furniture, lighting, and prefabricated buildings, though only for a short period, with the last import operation occurring in September 2022.

The company’s website, NAVACVACUUM.COM, focuses on industrial vacuum solutions and HVACR tools. It’s not an e-commerce site in the traditional sense; instead, it serves as a platform to showcase products, provide technical information, and connect with customers. The site highlights a range of vacuum pumps, tubing tools, refrigerant recovery systems, testing instruments, and manifold gauges—all geared toward professional HVAC technicians. It also has a section dedicated to “MyNAVAC University,” offering training resources and support. The website also promotes its partnership with ITM Instruments, a repair facility in Canada.

Financially, Navac International Ltd presents a mixed picture. While cash reserves have increased significantly, jumping 170% to £240,000, other indicators suggest potential challenges. Net assets have declined by 9%, settling at -£890,000. Bank borrowings have surged by 2,400%, reaching £840,000, and creditors have risen by 12% to £1.9 million. Trade debtors have also increased substantially, growing by 170% to £530,000. Despite these pressures, the company's small size (meeting two of three criteria for a small business) allows for agility. The lack of an auditor mentioned—likely due to its status as a small company—means the figures are unaudited.

Overall, Navac International Ltd appears to be navigating a period of change. While the company’s core business—holding investments—remains active, the financial data suggests it’s burning through money. The reliance on bank borrowings and the decline in equity are concerning, but the increased cash reserves provide some breathing room.

Registered in England/Wales under the registration number 13099138, with a registered address at NG1 5AQ, England, Nottingham, Nottinghamshire, 3 - 5 College Street.

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