Niru (europe) Limited

Niru Europe Ltd from Mitcham UK: a small, active company founded 27 years ago, employs 12 people, and holds £3,226,104 in assets. With a real address, one director, and a solo founder, it maintains a respectable Google rating of 4.0 based on 17 reviews. The company regularly imports milling products (425 months) and exports miscellaneous food products (15 months).

The company operates in the other business support service activities n.e.c. industries. It’s a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The website, while not fully detailed, suggests a focus on business support services, but lacks a clear e-commerce presence.

Financially, Niru Europe Ltd presents a mixed picture. Accumulated amortisation and depreciation have increased, indicating ongoing investment in assets, but cash bank on hand has dramatically decreased, falling to a mere £120. Bank borrowings have also risen significantly, increasing by 64%. Creditors have increased by 17%, and trade debtors have decreased by 2%. Despite these challenges, net assets have decreased by 8.1%, and equity has fallen to £470,000. The company’s small size helps it remain agile, but the decline in cash and equity warrants attention. No auditor is mentioned, which is common for small companies.

The company’s regular import and export activity suggests a stable business model, but the financial data indicates a need to manage cash flow and potentially reduce debt. The solo founder’s leadership and the company’s long history are positive signs, but the recent financial trends require careful monitoring.

Registered in England/Wales under the registration number 03387361, with a registered address at CR4 2AP, Mitcham, Surrey, Unit 11 Mitcham Industrial, Estate 85 Streatham Road.

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