Nexus Living Ltd

Nexus Living Ltd, based in Dewsbury, UK, is a small, active company founded four years ago in July 2020. It holds £21,574 in assets and operates from a real address at 1 Pickard Way, WF13 4LS, England. With one director and one owner, the company is a regular importer of aluminum and aluminum products, with three months of import activity recorded, the last in March 2023. The business specializes in the retail sale of hardware, paints, and glass in specialised stores.

The company’s website is currently unavailable, making it difficult to assess its online presence or e-commerce activities. It’s unclear if they have an online store or rely solely on wholesale or other sales channels.

Financially, Nexus Living Ltd presents a mixed picture. Current assets have fallen by 39% to £22,000, while net assets have declined by 24% to -£72,000. Cash on hand has plummeted 78% to a mere £1,100, a significant drop from the previous year’s £5,200. Trade debtors have increased by 130%, suggesting a potential reliance on customer payments, and creditors remain steady at £93,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the substantial equity decline raises concerns. As a small company, it is exempt from an audit, and the financial information is unaudited.

The company’s reliance on importing aluminum products, combined with the declining financial health, suggests it may be facing challenges in managing costs or maintaining sales volume. It's possible that increased competition or supply chain disruptions are impacting its profitability. The single director and owner, Navsarka Ashraf Aslam, likely bears the brunt of these pressures.

Registered in England/Wales under the registration number 12759195, with a registered address at WF13 4LS, England, Dewsbury, 1 Pickard Way.

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