Nicab Ltd

Nicab Ltd, based in Towcester, UK, is a small, active company founded fifteen years ago in 2010. With twenty employees and £1,313,711 in assets, it operates from a real address and is overseen by two directors and one owner. The company regularly imports electrical machinery and equipment—twelve months of activity recorded—and occasionally exports, with just two months of export activity noted. Its core business is manufacturing special-purpose machinery, and it’s a real, solid operation.

Nicab’s website highlights its expertise in cable assembly manufacture, offering bespoke cables, standard cables, and box build services. The site emphasizes quality, cost-effectiveness, and a customer-centric approach, catering to industries ranging from automotive to aerospace. It’s clear they’re aiming to be the go-to source for custom cable solutions. They even have a blog, which is a nice touch, and they’re working hard to keep it up to date.

Financially, Nicab Ltd shows some interesting trends. Bank overdrafts have increased significantly, rising 120% to £31,000, and creditors have jumped 45% to £1,100,000. This could indicate increased investment in inventory or expansion of operations, but it also suggests a need to manage short-term liabilities. Debtors have also risen sharply, increasing 110% to £630,000, which may reflect a shift in payment terms or a larger volume of sales. On the positive side, cash reserves have increased slightly, growing 1.9% to £670,000. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the increased debt levels warrant close monitoring. No auditor is mentioned, which is common for companies of this size.

Overall, Nicab Ltd appears to be a stable, growing business, but it's important to keep an eye on its debt levels and ensure it can continue to manage its cash flow effectively.

Registered in England/Wales under the registration number 07177523, with a registered address at NN12 8TJ, England, Towcester, 7 Buckingham Road, Silverstone.

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