Nicholas Deakins Ltd.

Nicholas Deakins Ltd, based in London UK, is a large holding company with an active status, having been incorporated 28 years ago in May 1996. Employing eight people, the company holds £3,321,000 in assets, though its registered address is likely a virtual one, as eleven companies share the same location. The business is led by three directors and owned by Four Holdings Ltd, with ownership details having changed six months ago. It operates an e-commerce site and enjoys a stellar 5.0 Google rating based on 39 reviews. The company regularly imports footwear and related items, with a history of 31 months of import activity.

The company’s website, nicholasdeakins.co.uk, showcases a wide range of footwear, primarily wholesale to retailers. It’s clear they focus on sourcing and distributing fashionable footwear for various markets. While the site is functional, it lacks the sophisticated design and features of some larger e-commerce platforms.

Financially, Nicholas Deakins Ltd presents a mixed picture. While current assets increased by 11% to £3,300,000, net assets decreased by 17% to £2,800,000. Bank borrowings increased by 1400% to £820,000, a significant jump. Creditors also increased substantially by 110% to £560,000, suggesting increased reliance on short-term financing. The company’s turnover decreased by 78% to £270,000. The company is audited by Hart Shaw LLP. The decrease in profits could be due to increased costs, or a shift in market conditions. The increase in bank borrowings and creditors suggests a need for careful cash flow management. Despite these challenges, the company’s strong Google rating and established import history indicate a resilient business model.

Registered in England/Wales under the registration number 03201284, with a registered address at N7 9PW, England, London, 6-10 Market Road.

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