Nicholsons Sealing Technologies Limited

Nicholsons Sealing Technologies Ltd, hailing from Stanley, UK, is a well-established company with a rich history spanning 102 years. This large company, operating as a holding entity and maintaining an active status, employs 114 people and boasts assets of £8,362,006. Yearly revenue sits at £14,003,519, reflecting a substantial operation. The company, with two directors and one owner, has a stellar 5.0 Google rating based on three reviews. It regularly imports nickel and nickel products (58 months) and exports machinery, boilers, and mechanical appliances (219 months).

The company's website showcases Nicholsons Group as a global specialist in the design and manufacture of resilient metal seals and gaskets. Their extensive range caters to extreme temperature, pressure, and compression applications. The site highlights precision metal seals and offers sealing solutions for various industries. They even have a section dedicated to approvals and accreditations, demonstrating a commitment to quality and compliance.

Financially, Nicholsons Sealing Technologies Ltd presents a mixed picture. While revenue has increased by a healthy 7.8%, other indicators raise some concerns. Cash bank on hand has decreased by 22%, and net assets have fallen by a small amount. The company’s bank borrowings have decreased by a significant 34%, which is a positive sign. However, administrative expenses have increased by 13%, and accrued liabilities have decreased by 8%, which could indicate some financial pressure. The company's auditor, Laverick Walton & Co. Ltd, has signed off on the accounts, but the decline in cash reserves warrants further monitoring. The company is considered large, having met two of three conditions: turnover more than £36 million, balance sheet total more than £18 million, and average number of employees more than 250.

Registered in England/Wales under the registration number 00188150, with a registered address at DH9 7YE, Stanley, County Durham, Amos Drive, Greencroft Industrial Park.

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