Navitron Limited

Navitron Ltd from Rutland, UK, is a small holding company with an active status, established 21 years ago. It employs just one person and holds assets valued at £590,977. The company, boasting a perfect 5.0 Google rating from four reviews, operates from a real address and is overseen by three directors and a single owner. It’s an irregular importer, primarily dealing with electrical machinery and equipment, with its last import activity recorded one month ago in December 2016.

The company’s website, while not providing detailed information, reveals it operates in the wholesale of hardware, plumbing, and heating equipment and supplies. It’s a niche player, and its small size (meeting two of three criteria for a small company: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees) allows for flexibility.

Financially, Navitron Ltd presents a mixed picture. Cash bank on hand increased by a healthy 23% to £580,000, and net current assets grew by 13% to £580,000. However, trade debtors plummeted by a significant 86%, dropping to just £4,200—suggesting potential issues with customer payments. Creditors also decreased, which is good, but accrued liabilities increased by 38%, which could be a concern. The company’s property plant and equipment have completely depreciated. The lack of an auditor mentioned likely means the accounts are unaudited and rely on director-reported data.

Overall, Navitron Ltd appears to be managing its assets well, but the sharp decline in trade debtors warrants closer attention. The company’s holding status and small size suggest it may be part of a larger group, and its success likely depends on the performance of its underlying businesses.

Registered in England/Wales under the registration number 05041660, with a registered address at DN31 2LJ, England, Grimsby, Cartergate House, 26 Chantry Lane.

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