Ndr London Ltd

Ndr London Ltd is a small, active company based in London, UK, founded two years ago in September 2022. It holds £30,658 in assets and operates from a virtual address, registered at 167-169 Great Portland Street, which is shared by 3823 other companies. The company, run by a single director and owner – Ozciftci Ahmet – is a solo founder operation. It operates in the retail sale via mail order houses or via internet industries.

The company’s website reveals a fascinating specialization: vintage Bentley restoration and parts. NDR Ltd, as it’s also known, is run by Neil and Jo Davies, who are passionate about WO Bentleys and participate in international rallies and historic race meetings. The business is described as probably the leading and most respected classic Bentley restorer worldwide, offering restoration services, parts sales, and consultancy. The website highlights an extensive range of original pattern Vintage Bentley parts and showcases featured cars for sale, including a 1924 3 litre Vanden Plas Speed Model. It also partners with organizations like The Historic Classic Vehicles Alliance and Bentley Drivers Club.

Financially, Ndr London Ltd presents a mixed picture. Current assets have jumped significantly, increasing by 460% to £31,000, but net assets have also decreased by 64% to -£2,200. Cash bank on hand has fallen by 52% to £2,600, while creditors have soared by 190% to £33,000. Trade debtors remain stable at £1,700, and the company’s small size (meeting two of three conditions for a small company) helps it stay flexible. The accounts are described as “filleted” and unaudited, with a report produced by VT Final Accounts.

Overall, Ndr London Ltd seems to be navigating a period of change. While the vintage Bentley business appears to be thriving, the company’s financial figures suggest it's burning through cash, with a reliance on creditors to keep operations running. It's unclear if this is a typical phase for a growing business or a sign of deeper challenges, but the company’s expertise and niche market position offer some resilience.

Registered in England/Wales under the registration number 14356487, with a registered address at W1W 5PF, England, London, 167-169 Great Portland Street, 5th Floor.

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