Nigsun Limited

Nigsun Limited from Stevenage UK: a small, active company founded eight years ago, employs seven people, and holds £2,688,397 in assets. It's a real address with two directors and one owner, and enjoys a perfect 5.0 Google rating based on two reviews. The company regularly imports machinery, boilers, and mechanical appliances – parts, with recent activity recorded three months ago.

The company operates in the other telecommunications activities industries. Its website is not available for analysis.

Financially, Nigsun Limited presents a mixed picture. Current assets have increased by 23%, reaching £2,700,000, while net assets have grown by 21%, now standing at £3,400,000. Cash bank on hand has seen a dramatic increase of 2200%, now at £520,000 – a significant boost. However, trade debtors have decreased by 13%, falling to £1,900,000, and creditors have increased by 11%, reaching £1,300,000. The company’s small size—meeting two of three conditions for being small (turnover under £10.2m, assets under £5.1m, fewer than 50 employees)—helps it maintain agility. The company has no auditor mentioned, likely exempt as a small company.

The substantial increase in cash reserves suggests a period of improved financial management, although the decrease in debtors warrants further investigation. The company's growth in assets indicates a healthy expansion, but it’s important to monitor the balance between creditors and debtors to ensure sustainable financial health.

Registered in England/Wales under the registration number 10293232, with a registered address at SG1 2BB, England, Stevenage, 4 Modular Business Park, Norton Road.

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