Nicander Limited

Nicander Limited, based in Billingham, UK, is a small, active company founded seventeen years ago in 2007. Employing forty-three people and boasting assets of £2,514,555, it operates from a real address within the Belasis Business Park. With two directors and two owners, the company enjoys a stellar 5.0 Google rating based on five reviews. It’s an irregular importer, primarily dealing with optical and medical tools and devices, with just one month of import activity recorded as of May 2022.

The company’s website highlights its expertise in Intelligent Transport Systems and Asset Management, offering a range of services including consulting, software development, and maintenance support. It works across various sectors, including local government, transport, and emergency services, delivering award-winning solutions like the Mersey Gateway Project and the Dublin Traffic Signal Priority system. Nicander's website also showcases its involvement in developing solutions for air quality management and fault management systems. It's a collaborative, technical expert, aiming to solve unique problems with its blend of software solutions.

Financially, Nicander Limited presents a mixed picture. While cash reserves increased by a respectable 10%, reaching £1.8 million, net assets only rose slightly to £2.3 million. Creditors increased by 21%, reaching £50,000, and other creditors jumped by a significant 66%, reaching £49,000. Trade debtors decreased by 11%, suggesting some challenges in collecting payments. Investments decreased by a substantial 83%, dropping to £2,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the increase in creditors warrants closer attention. No auditor is mentioned, likely due to its status as a small company, meaning the financial statements are unaudited. The company’s focus on software development and its diverse range of projects suggest a strong foundation, but the financial data indicates a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 06454561, with a registered address at TS23 4EG, Billingham, Stockton-On-Tees, 14 Colmans Nook, Belasis Business Park.

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