Nikomar Limited

Nikomar Limited, based in Birmingham, UK, is a small, active company founded five years ago. With a single employee and £7,708 in assets, it’s a family business led by one director and two owners, boasting a perfect 5.0 Google rating from one review. The company operates in the “other service activities n.e.c.” industries and functions as an irregular importer, primarily dealing with machinery, boilers, and mechanical appliances – its last import operation was recorded one month ago in January 2022.

The company’s website, Stretch Ceilings Nikomar Limited, showcases its focus on home improvement services, specializing in stretch ceiling installations. The site highlights the benefits of stretch ceilings, emphasizing design options and quality work, and offers a quote request form. It also includes a gallery, FAQ section, and pricing information, suggesting a direct-to-consumer business model. The website’s focus is clearly on sales and installation services, not e-commerce.

Financially, Nikomar Limited’s recent performance presents a mixed picture. While property plant equipment increased by 19%, cash reserves have plummeted 72% to just £2,700. Creditors have also risen significantly, increasing by 260% to £32,000, while retained earnings have dropped dramatically. The number of employees has increased from one to four, which is a big jump. The company’s small size (meeting two of three conditions for being small) helps with agility, but the sharp decline in equity and cash raises concerns. With no auditor mentioned, the figures are unaudited. It seems like Nikomar Limited is burning through money, but the increase in employees might be a sign of growth, although it also means higher costs.

Registered in England/Wales under the registration number 12494527, with a registered address at B44 0TF, United Kingdom, Birmingham, 331 Kings Road, Kingstanding.

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