N D A Foundation

N D A Foundation is a small, family-run company based in Devizes, UK, with an active trading status. Founded thirteen years ago in June 2011, it employs forty-three people and holds £2,008,022 in assets. The registered address is a virtual one, with twenty other companies registered there, suggesting a shared service or co-working space. Two directors and two owners manage the business, which operates in the “other education n.e.c.” industries. It’s an irregular importer, primarily bringing in vehicles, parts, and accessories, with the last import activity recorded one month ago in June 2023.

The company’s website highlights its commitment to advancing oral health equity through scholarships, research, and community outreach. It runs several scholarship programs, including the Colgate Scholarships and the Audacity to Dream Awards, and collaborates with organizations like the National Dental Association. The site showcases a range of initiatives, from supporting dental students to funding research and promoting community health education. It seems like a well-structured website, with clear information about its mission and programs.

Financially, N D A Foundation’s report reveals some concerning trends. While turnover remains steady, net assets have declined significantly, dropping 8% to £2,100,000. Bank borrowings have increased substantially, rising 81% to £1,100,000, and cash reserves have fallen 22% to £820,000. Creditors have also increased, rising 23% to £710,000. The company’s small size (meeting two of three criteria for a small company) helps it remain agile, but the increase in debt and decrease in cash reserves suggest it may be burning through money. There’s no auditor mentioned, so the figures are unaudited.

Despite these financial pressures, N D A Foundation’s focus on scholarships and research indicates a strong social mission. Whether it can sustain its operations while managing its debt remains to be seen, but its commitment to oral health equity is clear.

Registered in England/Wales under the registration number 07654911, with a registered address at SN10 1HT, England, Devizes, Wiltshire, Ground Floor, 10 Market Place.

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