Nilorn Uk Limited

Nilorn UK Ltd, based in Skipton, UK, is a substantial company with a long history, having been active for 78 years. Employing 29 people, the firm holds assets worth £663,349 and generates yearly revenue of £3,959,988. It operates as a holding company, with three directors and one owner, and maintains a real address. Despite a respectable 3.0 Google rating from just two reviews, it's clear the company is a key player in its sector.

The company’s core business involves importing paper and paperboard products – a regular activity spanning 213 months, with the last import occurring in January 2025. It also exports special woven and decorative fabrics, a consistent activity over 165 months, with the last export also in January 2025. While no website was provided, this suggests a business-to-business model focused on supplying materials to other manufacturers.

Financially, Nilorn UK Ltd presents a mixed picture. While turnover remained steady, net assets took a hit, decreasing by 78% to £250,000. Bank borrowings increased by 2,400%, reaching £29,000, while cash reserves fell 58% to £120,000. On a positive note, creditors decreased by 26%, indicating improved debt management. The company meets two of three criteria to be considered large, with turnover over £36 million, balance sheet over £18 million, and employees over 250. The lack of an auditor mentioned suggests the company is exempt from an audit.

The sharp decline in equity, combined with increased borrowing, raises questions about the company's financial health. It’s possible that increased investment in inventory or expansion efforts contributed to these changes, or perhaps external market factors are at play. It's worth noting that the company's long history and established import/export operations suggest a degree of resilience, but continued monitoring of its financial performance is warranted.

Registered in England/Wales under the registration number 00434050, with a registered address at BD20 8FE, England, Skipton, North Yorkshire, Station Works Greens Mill Court, Cononley.

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