Niko Coatings Limited

Niko Coatings Ltd from Bradford UK: small company, holding company, active status, founded 27 years ago, £5,246,834 assets, real address, 6 directors, 1 owner, google rating 3.0 based on 2 reviews. Regular importer of textile padding, felt, and nonwoven fabrics; special yarns; ropes and cables (9 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the other manufacturing n.e.c. industries. Officially, it has one owner or PSCs, six directors and no number of employees published.

The company is a regular importer, with its top import category being Textile padding, felt, and nonwoven fabrics; special yarns; ropes and cables, totaling 9 months of imports. The last import operation was conducted on July 01, 2023. Niko Coatings Ltd does other manufacturing n.e.c. The address is probably real as only two companies registered at the same address.

Niko Coatings Ltd’s website is not available for review, making it difficult to determine if they operate an e-commerce platform or focus solely on business-to-business sales. Without a website, it’s impossible to gauge their online presence or customer interaction strategies.

Financially, Niko Coatings Ltd presents a mixed picture. While current assets increased by 18% to £5,200,000, creditors also rose by 8%, reaching £2,900,000. Bank borrowings increased by 1000%, reaching £340,000, and cash reserves increased by 1000%, reaching £340,000. Equity grew significantly, jumping 85% to £2,300,000. The company’s small size helps it stay agile, but the large increase in bank borrowings raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. The company’s net current assets liabilities increased by 85%, reaching £2,300,000.

Registered in England/Wales under the registration number 03543391, with a registered address at BD5 7HF, Bradford, West Yorkshire, Davison Group, Springmill Street.

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