Nilka Limited

Nilka Limited, based in London, UK, is a small, active company established nineteen years ago in 2006. It’s a solo-founded operation, currently employing just one person and holding £5,228 in assets. With two directors and a real address, it’s a compact business. The company operates in the retail sale via mail order houses or via internet, the other human health activities, and the other sports activities industries.

The company’s website is non-existent, which is unusual for a business operating in the retail sector. This suggests a limited online presence, perhaps relying on direct sales or wholesale partnerships. Without a website, it’s difficult to gauge the scale of its operations or its target market.

Financially, Nilka Limited presents a mixed picture. Cash reserves increased significantly by 190% to £5,200, a positive sign of improved liquidity. However, net assets decreased by -160% to £1,300, and equity dropped by -170% to £1,300, indicating potential losses or increased liabilities. Creditors decreased by -22% to £3,100, suggesting better 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) helps it stay agile, but the equity decline warrants closer examination. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Julie Imbard owns and directs Nilka Limited, and the company’s financial reports, prepared using VT Final Accounts software, show a focus on managing short-term liabilities and recognizing revenue based on contract completion. The company’s foreign currency policy involves translating at the closing rate, and it’s important to note that the accounts have been prepared under FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland.

Registered in England/Wales under the registration number 05694210, with a registered address at SW5 9JZ, England, London, 22 Eardley Crescent, Flat 3.

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