Ncd Equipment Limited

Ncd Equipment Limited is a small, active company based in Leigh-On-Sea, UK, founded ten years ago in 2014. With five employees and £466,751 in assets, it operates from a virtual address, a fact highlighted by the presence of twenty-three other companies registered at the same location. The business is led by a single director and owner, Dinsdale Nicholas Charles, who also serves as managing director.

The company specializes in the wholesale of agricultural machinery, equipment, and supplies, acting as the sole importer of the TMK range of tree shears and accessories, and a UK dealer for Auger Torque and Rabaud products. Its website showcases a diverse range of forestry, construction, and fencing equipment, including tree shears, earth drills, and mini loaders. Ncd Equipment also provides fabrication, welding, and equipment hire services, catering to a wide range of clients. The website boasts a 5.0 average Google rating, a testament to its commitment to customer service.

Financially, Ncd Equipment Limited presents a mixed picture. While cash reserves increased significantly by 100% to £210,000, net assets decreased by 24% to £220,000. Bank borrowings have also increased, rising by 87% to £26,000. Creditors have also risen by 64% to £300,000, suggesting an increase in short-term liabilities. Despite these challenges, the company's small size (meeting two of three criteria for a small company) allows for agility. The lack of an auditor is typical for a small, exempt company. The increase in finance lease liabilities by 200% to £150,000, however, could indicate an investment in equipment to support its operations. It is possible that the company is investing in growth, but the decrease in equity raises questions about its long-term financial stability.

Registered in England/Wales under the registration number 09185394, with a registered address at SS9 2AB, Leigh-On-Sea, Essex, 1349/1353 London Road.

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