Nera Solutions Ltd

Nera Solutions Ltd, based in Bromley, UK, is a small, active company founded six years ago in 2018. With a single employee and £144,264 in assets, it’s a solo founder operation managed by one director and owner. The company regularly imports optical and medical tools and devices—nine months of import activity recorded—but only exports irregularly, with just one month of activity noted as of May 2023. It has a real registered address, and operates in the wholesale of perfume and cosmetics, the wholesale of other machinery and equipment, and the retail sale of cosmetic and toilet articles.

The company’s website is currently unavailable, making it difficult to assess its online presence and e-commerce activities. However, the business is listed as operating in multiple industries, suggesting a diverse range of activities.

Financially, Nera Solutions Ltd shows a mixed picture. Current assets have increased by 30% to £140,000, while net assets have surged by an impressive 1200% to £1700. However, bank borrowings have decreased by 30% to £7300, and cash reserves have plummeted 62% to £45,000. Trade debtors have seen a dramatic increase of 730%, suggesting a potential influx of new customers or extended credit terms. Creditors have also increased by 34%, and the company's equity has increased by 4300%. The company meets two of three conditions to be classified as small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, relying on unaudited financial statements.

In short, Nera Solutions Ltd appears to be experiencing rapid growth, particularly in its accounts receivable. However, the significant decrease in cash reserves raises questions about its liquidity and ability to manage its working capital. The company’s success will depend on its ability to convert its receivables into cash and maintain a healthy cash flow.

Registered in England/Wales under the registration number 11700260, with a registered address at BR1 1LW, England, Bromley, Contingent Works The Mall, 3 Elmfield Rd, Broadway.

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