Njiw Limited

Njiw Limited is a small, holding company based in Chelmsford, UK, with an active status. Founded five years ago in 2019, the company employs just two people and holds £137,086 in assets. It operates from a real address and is overseen by one director and two owners. Njiw Limited is an irregular importer, primarily dealing in drinks, alcohol, and vinegar, with its last import activity recorded one month ago in December 2022.

The company’s primary activities involve manufacturing wine from grapes, wholesale and retail of beverages, and even operates in the public house and bar industries. It’s a small company as it met two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company’s website, theenglishvine.co.uk, is a thriving online retailer specializing in English wines, offering a wide range of bottles, mixed cases, and gift boxes. It also provides wine tours and tastings, catering to both casual drinkers and serious connoisseurs.

Financially, Njiw Limited presents a mixed picture. Accumulated amortisation impairment intangible assets has grown by 53%, while accumulated depreciation impairment property plant equipment has increased by 130%. Bank borrowings have decreased by 45%, and cash bank on hand has plummeted by 98%, leaving just £420. Creditors have surged by 260%, and net assets have fallen by 26%. Despite these challenges, the company’s fixed assets have slightly decreased by 9.2%. It's a bit worrying that trade debtors have increased by 420%.

The company’s financial statements are unaudited, and no auditor is mentioned. It seems like the company is facing some financial strain, but its online business appears to be doing well, and it’s capitalizing on the growing popularity of English wines.

Registered in England/Wales under the registration number 12207078, with a registered address at CM1 2PB, United Kingdom, Chelmsford, 3 Maltese Road.

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