Niwaki Ltd

Niwaki Ltd from Honiton UK: a small, family business active since 2007, employs 19 people and holds £4,007,037 in assets. It operates from a virtual address, managed by three directors and two owners. The company runs an e-commerce site and regularly imports and exports basic metal tools and utensils – a total of 861 months of activity combined.

Niwaki’s website showcases a diverse range of products beyond its core tool offerings. It's a retailer of Japanese garden essentials, pruning tools, knives, and even tripod ladders, catering to both professional gardeners and home enthusiasts. The site highlights premium brands, offers workshops, and even features a showroom in London – a clear indication of a business aiming for a premium market position.

Financially, Niwaki Ltd presents a mixed picture. While cash reserves increased significantly by 94% to £1.2 million, trade debtors have also risen sharply by 68% to £400,000. This could indicate increased sales but also potential issues with customer payments. Net assets grew by 18% to £3.4 million, but depreciation charges for property and equipment increased, suggesting ongoing investment in the business. Bank borrowings remain relatively stable. The company is small, meeting two of three criteria for size, and has no auditor mentioned, relying on unaudited accounts.

The growth in trade debtors is something to keep an eye on, as it could impact cash flow. Overall, Niwaki Ltd appears to be a healthy, growing business, capitalizing on the popularity of Japanese gardening and quality tools—though it's important to monitor the collection of outstanding payments.

Registered in England/Wales under the registration number 06315319, with a registered address at EX14 1PD, England, Honiton, Devon, Wessex House, 66 High Street.

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