Nice Trading Ltd

  • Small
  • Active
  • 12 years
  • 3 employees
  • £1,113,955 (assets)
  • Real address
  • 2 directors
  • 1 owner
  • Regular importer

Field of Operation

Wholesale of electronic and telecommunications equipment and parts
46520 7740 companies

Website

Social media

Summary

Nice Trading Ltd is a small, active company based in Birmingham, UK, established twelve years ago in March 2013. It employs just three people and holds assets valued at £1,113,955. With a real address and two directors, the company is owned by Nawaz Ali Atif. It’s a regular importer, specializing in electrical machinery and equipment, with 234 months of import activity recorded, the last in February 2025.

The company’s website, nicetrading.com, reveals a fascinating dual operation. While registered in the UK, it’s actually an Ethiopian trading company, Nice Trading Innovate, Collaborate, Trade, focusing on both import and export. It emphasizes sustainability and quality, actively participating in fair trade efforts and using environmentally friendly packaging. The company exports coffee and livestock from Ethiopia, and imports plastic, edible oil, food supplements, and batteries into the UK. It’s led by CEO Alex Ahmed, who boasts a global perspective and a track record of profitable opportunities. Testimonials from partners highlight the company’s professionalism and long-term cooperation.

Financially, Nice Trading Ltd shows a mixed picture. Cash reserves have impressively increased by 190%, reaching £620,000, while bank borrowings have decreased by 32%, settling at £22,000. Current assets have grown by 24%, reaching £1,100,000, and net assets have increased by 29%, reaching £300,000. However, creditors have also risen, with trade creditors increasing by 29% to £660,000. 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 it to be agile. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

Overall, Nice Trading Ltd appears to be in a reasonably healthy position, with growing assets and cash reserves. However, the increase in creditors suggests it’s managing debt carefully. The Ethiopian operation, with its focus on ethical trade and quality, seems to be a key driver of its success.

Registered in England/Wales under the registration number 08452138, with a registered address at B27 7RS, England, Birmingham, C/O Ahmad Accountants C/O Ahmad Accountants, 28 Shaftmoor Lane.

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

Owners & PSC

  • 9 years
  • 75%+

Managers

  • 12 years
Manager
  • 12 years
Secretary

Last reports

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Last news

  1. Confirmation statement made on 2025-03-19 with no updates
  2. Total exemption full accounts made up to 2024-03-31
  3. Confirmation statement made on 2024-03-19 with no updates
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Importer profile by HS codes

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Last imported products

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