Nicholson Stores Limited

Nicholson Stores Limited is a small, active company based in Hinckley, UK, established thirteen years ago in 2012. With £1,068,396 in assets and a real registered address, it’s a family-run business employing twenty-four people, overseen by two directors and two owners. The company operates in the retail sector, selling food, beverages, tobacco, sports goods, fishing gear, camping goods, boats, and bicycles. It’s also an irregular importer, with its top import category being machinery, boilers, and mechanical appliances; parts, with recent activity recorded in February 2024. The company also owns Stonebridge Adventure Golf Limited.

The company’s website is currently unavailable, making it difficult to assess its e-commerce presence or specific marketing strategies. It seems to operate primarily through traditional retail channels.

Financially, Nicholson Stores Limited shows a mixed picture. Current assets increased by 24% to £1,100,000, while net assets grew by 11% to £340,000. Cash reserves saw a substantial increase of 280%, reaching £250,000—a positive sign. However, creditors also increased significantly by 74%, reaching £460,000, which could indicate increased reliance on short-term financing. Trade debtors remained relatively stable, suggesting consistent payment collection. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than fifty employees. No auditor is mentioned, likely due to the small company status.

Overall, Nicholson Stores Limited appears to be financially stable, with improved cash flow and growing assets. The increase in creditors, however, warrants monitoring. The company’s family ownership and diverse product range suggest a resilient business model, but the lack of an online presence could limit its growth potential in the long run.

Registered in England/Wales under the registration number 07907338, with a registered address at LE10 3LG, Hinckley, Leicestershire, 20 The Row, Hall Road Wolvey.

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