Nj Commerce Ltd

Nj Commerce Ltd from Coventry UK: a small, active company founded ten years ago, employs five people, and holds £618,412 in assets. It’s a solo founder operation with one director, boasting a Google rating of 4.0 based on sixteen reviews. The company operates an e-commerce site and regularly imports electrical machinery and equipment (36 months) and exports iron or steel products (13 months).

Nj Commerce's website showcases a range of gas appliances, from stoves to heaters, catering to both indoor and outdoor use. The site offers a wide selection of gas stoves, including single, double, and three-burner models, as well as larger gas burners and accessories. The company also sells wood stoves and offers expert advice, with a focus on providing quality products and customer service. It’s a pretty standard e-commerce setup, with clear product categories, a shopping cart, and secure payment options.

Financially, Nj Commerce Ltd presents a mixed picture. Current assets have decreased by 22% to £620,000, while net assets have fallen 11% to £600,000. Bank borrowings have increased by 4.2% to £10,000, and cash reserves have dropped by 19% to £180,000. Creditors have seen a significant decrease of 72%, which is a positive sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in assets and cash warrants attention. There's no auditor mentioned, which is common for small companies.

The company's financial trends suggest it's facing some pressures, although the decrease in creditors is encouraging. The e-commerce operation seems to be doing well, with a solid Google rating and a wide range of products—but whether it can sustain growth in a competitive market remains to be seen.

Registered in England/Wales under the registration number 09240698, with a registered address at CV6 7NB, England, Coventry, Unit C2 Little Heath Industrial Estate, Old Church Road.

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