Nico Industrial Services U.k. Ltd

Nico Industrial Services Uk Ltd from Thame UK: a small, active company founded nine years ago, employs 30 people, and holds £3,004,888 in assets. It operates from a virtual address, managed by two directors, and curiously, has no officially reported owners. The company regularly imports machinery, boilers, and mechanical appliances, with parts arriving every three months, the last shipment recorded in September 2024.

The company’s website highlights its expertise as a catalyst handling and chemical cleaning specialist for refineries worldwide. Core services include catalyst handling, industrial tank cleaning, mechanical plant maintenance, and chemical cleaning. It also offers additional services like bolt torquing and tensioning techniques. The company operates from two locations: Priolo Gargallo in Sicily and Milan, Italy, and boasts a presence in Harrods, London.

Financially, Nico Industrial Services Uk Ltd shows a mixed picture. Cash reserves have impressively increased by 130%, reaching £570,000, which is a positive sign. However, creditors have surged by a substantial 190%, now at £1.3 million, suggesting a reliance on borrowing. Debtor levels have also increased significantly, up 74% to £2.1 million. Equity has grown by 24% to £1.8 million, but the sharp increase in liabilities needs to be monitored. 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 for flexibility, but the rise in liabilities could pose a challenge. The accounts are unaudited, as is common for small companies, and there's no auditor mentioned.

Registered in England/Wales under the registration number 09687622, with a registered address at OX9 3EZ, England, Thame, Oxfordshire, 30 Upper High Street.

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