Nene Warehouse Solutions Ltd

Nene Warehouse Solutions Ltd, a family business based in Northampton, UK, has been a fixture in the industrial storage equipment sector for 51 years. The medium-sized company, with 58 employees, boasts £10.4 million in assets and a yearly revenue of £25.6 million. It’s an active entity with four directors and two owners, importing iron or steel products regularly (102 months) and occasionally exporting electrical machinery and equipment (1 month). The company’s real address is registered, with only three other companies located there.

The company operates as agents specializing in the sale of other particular products, the installation of industrial machinery and equipment industries. It’s a medium company as it met two conditions of three: turnover less than £36 million, balance sheet less than £18 million, employees less than 250. The last reported current assets is £10.4 million, and the revenue is £25.6 million. It’s a regular importer, with its top import category being Iron or Steel Products, imported for 102 months. The last import operation was conducted on February 01, 2025. The company is a irregular exporter, with its top export categories including Electrical machinery and equipment, totaling 1 of months exports. The last export operation took place on September 01, 2023.

While the company’s website isn’t available, the financial data paints a mixed picture. Accrued liabilities deferred income decreased by 28%, a positive sign, but bank borrowings increased by 2.4%, reaching £110,000. Cash bank on hand took a significant hit, plummeting 91% to just £110,000. Trade debtors increased by 40%, suggesting a potential challenge in collecting payments. Despite this, creditors decreased by 12%, which could indicate improved debt management. The company’s turnover dropped by 20%, from £5.5 million to £3.1 million, a concerning trend.

The company’s net assets declined by 25%, from £4.8 million to £5.2 million, a notable decrease. This could be due to increased investment in assets or a decline in profitability. The company’s accounts are audited, and the auditor is MHA. Despite the challenges, Nene Warehouse Solutions Ltd appears to be navigating a complex economic landscape, relying on its established presence and family-run structure to weather the storm.

Registered in England/Wales under the registration number 01162468, with a registered address at NN6 7XN, Northampton, Northamptonshire, Nene House Station Road, Watford Village.

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