Nevis Resources Limited

Nevis Resources Ltd from Bishop Auckland UK is a small, active company founded ten years ago in 2014. It employs twelve people and holds £599,311 in assets. The company has a real address and is managed by four directors, although no owners are currently listed. It’s an irregular importer, having imported none for two months, but a regular exporter of plastics and plastic products for sixty-five months.

The company operates in the recovery of sorted materials and the wholesale of waste and scrap industries. It’s a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company’s directors are Robb Christine Marya, Mclean Conor Joseph, Robb Martin Joseph, and Smith Sarah Rebecca – the director list was changed a year ago.

The company’s website is non-existent, which means it’s not an e-commerce business. It appears to focus on B2B operations, rather than direct consumer sales.

Financially, Nevis Resources Ltd shows some concerning trends. Current assets have fallen by 44% to £600,000, and net assets have dropped 19% to £490,000. Bank borrowings have vanished entirely, a significant change from the previous year, and cash reserves have decreased by 37% to £260,000. Creditors have also fallen significantly, by 61%, suggesting improved debt management. Trade debtors have declined by 73%, which could indicate better collection practices, or possibly a slowdown in sales. The company’s small size helps it stay nimble, but the decline in equity raises questions about its long-term financial health. The company is exempt from an audit, so the figures are unaudited.

Overall, Nevis Resources Ltd is facing some financial headwinds, but its core business in waste and scrap industries may provide a degree of resilience.

Registered in England/Wales under the registration number 09357244, with a registered address at DL14 6XB, Bishop Auckland, County Durham, Unit 30 Innovation House 26 Longfield Road, South Church Enterprise Park.

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