Ndt Electronic Services Ltd

Ndt Electronic Services Ltd from Jarrow UK: a small holding company with an active status, established 17 years ago in 2007, employs 10 people and holds £1,966,126 in assets. It has a real address, is managed by two directors, and is owned by one entity. The company regularly imports and exports optical and medical tools and devices, with 62 months of import activity and 10 months of export activity recorded.

The company operates as a specialist supplier of industrial radiography equipment and services. Its website highlights a comprehensive range of products, including X-ray machines, gamma radiography equipment, safety enclosures, and related services like repair, calibration, and planned maintenance. It acts as a distributor for several prominent brands, including Rigaku, Gulmay, Teledyne ICM, Comet, and QSA Global Sentinel. The company also provides bespoke radiography bay enclosure cabinets and supports a separate division focused on piano restoration and disaster recovery.

Financially, Ndt Electronic Services Ltd shows a mixed picture. While current assets increased by 12% to £2 million, net assets also grew by 16% to £1.7 million. Bank borrowings decreased by 44% to £25,000, and cash reserves increased significantly by 490% to £150,000. However, accumulated depreciation impairment for property, plant, and equipment rose by 21%, suggesting increased wear and tear or investment in new assets. Trade debtors increased by 6.1%, which could be a sign of growing sales but also potential issues with collecting payments. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are unaudited, which is common for companies of this size.

The company’s financial performance suggests it’s generally healthy, with growing assets and increased cash reserves. The rise in depreciation and trade debtors are worth monitoring, but overall, Ndt Electronic Services Ltd appears to be a stable and well-managed business operating in a specialized niche.

Registered in England/Wales under the registration number 06449239, with a registered address at NE32 3HR, Jarrow, Tyne And Wear, Unit 30, Royal Industrial Estate.

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