Niblett Ltd

Niblett Ltd is a small, family-run business registered in Shrewsbury, UK, with an active status. Founded nineteen years ago on March 20, 2006, the company employs just two people and holds £30,463 in assets. It operates from a real address shared by only one other company, and is overseen by three directors and two owners. Niblett Ltd is an irregular importer, with its top import category being Wood and Wood Products, totaling 1 months of imports, the last activity occurring in July 2022. The company specialises in the manufacture of other builders' carpentry and joinery.

The company’s website, Niblett Bespoke Joinery, showcases a range of services, including bespoke furniture, carpentry, windows, doors, and even online product sales. It also features a separate section for commercial purchases, suggesting a business-to-business component alongside its bespoke offerings. The site’s layout is clean and professional, emphasizing quality craftsmanship and a wide range of products.

Financially, Niblett Ltd presents a mixed picture. Current assets have decreased by 37%, dropping to £30,000, while net assets have plummeted by a significant 200%, resulting in a negative balance of -£2,400. Cash reserves have also seen a sharp decline, falling 69% to just £2,800. However, creditors have decreased by 27%, and trade debtors have increased by 15%, which could indicate improved debt collection. The company’s small size—meeting two of three conditions for being classified as small—helps it remain flexible, but the decline in equity is concerning. With no auditor mentioned, the figures are unaudited.

Overall, Niblett Ltd appears to be facing some financial headwinds. While its website and product range suggest a strong foundation, the declining equity and reduced cash reserves warrant close monitoring. The company’s ability to navigate these challenges will likely depend on its ability to maintain customer satisfaction and manage its finances effectively.

Registered in England/Wales under the registration number 05749214, with a registered address at SY5 8NY, Shrewsbury, Shropshire, The Depot Edgebold, Hanwood.

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