Navy Professional Ltd.

Navy Professional Ltd, based in Doncaster, UK, is a small, family-run business with an active status. Founded eight years ago in 2017, the company employs six people and holds £532,214 in assets. It operates a real address and is managed by two directors and two owners. The business runs an e-commerce site and has earned a stellar 5.0 Google rating from 71 reviews. It’s an irregular importer of various textile products, sets, used clothing, and rags, with one month of import activity recorded as of October 2020. It also exports basic metal tools and utensils, with one month of export activity recorded as of December 2023.

The company's website, Navy Professional Beauty Tools, showcases a wide range of beauty products and tools, from nail care essentials to body scrubs and candles. It emphasizes British craftsmanship, seasonal collections, and a focus on wellbeing, with a "Yorkshire Story" at its heart. The site also features a blog with skincare tips and guides, reinforcing its expertise in the beauty industry. It seems to be a well-designed, modern e-commerce platform, aiming to appeal to both professionals and retail customers.

Financially, Navy Professional Ltd shows a mixed picture. Current assets increased by 35% to £530,000, while net assets increased by 30% to £450,000. Bank borrowings increased by a significant 190% to £910, and cash reserves increased by 78% to £350,000. Creditors increased by 140% to £120,000, suggesting increased supplier payments. Trade debtors decreased by 7.8%, indicating better payment collection. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. With no auditor mentioned, the figures rely on unaudited statements.

The company’s growth in assets and cash reserves is encouraging, but the increase in bank borrowings and creditors suggests it’s potentially burning through money. The increase in creditors could be a sign of supply chain issues or delayed payments, and the increase in bank borrowings could be used to finance growth or cover short-term expenses. It’s a bit of a tricky situation, but the company’s strong Google rating and focus on quality products could help it weather any financial challenges.

Registered in England/Wales under the registration number 10626500, with a registered address at DN10 4NB, England, Doncaster, Highfield Farm, Walkeringham.

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