Nevis Technology Ltd

Nevis Technology Ltd, based in Dyce, UK, is a small holding company with an active status, founded six years ago in 2018. The company employs eight people and holds £670,333 in assets. It has a real registered address and is managed by two directors and one owner. Regular imports and exports of optical and medical tools and devices have been recorded over the past 18 months (imports) and 11 months (exports).

The company operates as a holding company for Vaisala Ltd, a global leader in weather and environmental measurement technologies. Its website showcases a wide range of products and services, primarily focused on industrial measurements, maritime applications, and weather and environmental solutions. While the site doesn’s explicitly state it’s an e-commerce platform, it does feature detailed product descriptions and contact information for sales inquiries, suggesting a business-to-business model. It's a complex operation, with a focus on sophisticated technology rather than direct consumer sales.

Financially, Nevis Technology Ltd demonstrates some interesting trends. Cash reserves have grown substantially, increasing by 370% to £340,000, which is a positive sign. However, creditors have also increased significantly, particularly those due within one year, jumping 170% to £300,000. Trade debtors have risen by 18%, suggesting a potential need to manage customer payments more effectively. Despite these challenges, net assets have increased by 61%, indicating overall financial health. The company’s small size (meeting two of three criteria for being a small company) allows for flexibility, but the increase in debt warrants monitoring. No auditor is mentioned, which is common for small, exempt companies.

Overall, Nevis Technology Ltd appears to be a financially stable holding company, benefiting from the strength of its parent company, Vaisala. While the increase in debt is something to keep an eye on, the company’s strong cash position and growing asset base suggest a positive outlook.

Registered in Scotland under the registration number SC616883, with a registered address at AB21 7GQ, Scotland, Dyce, Inspec House, Wellheads Drive.

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