Nivid Biometrics Ltd

Nivid Biometrics Ltd is a small, active company founded seventeen years ago in 2007. Based in London, it operates from a virtual address shared by nineteen other companies, and employs just two people. The company, which has a Google rating of 5.0 from a single review, is led by two directors and owned by three individuals. It's classified as 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 company operates in the other software publishing industries, and has been an irregular importer of toys, games, and sports equipment, with its last import operation occurring over a year ago in December 2016. Its website is not available, making it difficult to determine the specifics of its operations beyond its industry classification.

Financially, Nivid Biometrics Ltd shows some concerning trends. While bank borrowings have decreased slightly, cash reserves have fallen by 23% to £2,400. Creditors have increased, and net assets have declined by 26%, reaching -£210,000. Accumulated amortisation for intangible assets has risen by 29%, and depreciation for property and equipment has also increased. Despite these challenges, the company’s small size allows for agility. The lack of an auditor mentioned suggests it’s exempt due to its size. It seems like the company is burning through money, but it's hard to tell if this is a temporary situation or a longer-term problem.

Registered in England/Wales under the registration number 06350388, with a registered address at WC1X 9DU, 144-146 Kings Cross Road, London.

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