Nikec Solutions Uk Limited

Nikec Solutions Uk Limited, based in London, is a small holding company with an active status, celebrating 27 years since its founding in 1998. Employing just six people, the company holds assets totaling £411,159 and operates from a real address in the heart of the city. With two directors and one owner, Nikec Solutions focuses on importing machinery, boilers, and mechanical appliances, with recent activity dating back to 2017.

The company’s website reveals a focus on knowledge work automation, partnering with MFiles to provide document management, workflow automation, and collaboration tools. They target knowledge workers across various industries, offering solutions for document creation, management, external collaboration, and security. The website highlights MFiles’ capabilities, emphasizing its ability to find information faster, work smarter, and achieve more. It's not an e-commerce site, but rather a platform for showcasing their services and attracting clients seeking to optimize their knowledge management processes.

Financially, Nikec Solutions presents a mixed picture. While current assets remain stable at £410,000, net assets have significantly improved, increasing by 180% to £30,000. Bank borrowings have decreased substantially, falling by 85% to £11,000, and cash reserves have increased by 25% to £71,000. Creditors have also decreased by 16%, suggesting improved debt management. 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 agility, but the substantial increase in equity indicates a period of positive financial performance. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Nikec Solutions Uk Limited appears to be financially healthy, demonstrating improved profitability and efficient cash management. Their focus on knowledge work automation and partnership with MFiles positions them well in a growing market.

Registered in England/Wales under the registration number 03488348, with a registered address at EC3M 1JP, United Kingdom, London, 2nd Floor 51 Eastcheap.

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