Nm Products Limited

Nm Products Limited, based in Sheffield, UK, is a small, active company established 14 years ago. With three employees and £467,014 in assets, it operates a real address and is led by one director and owner. The company boasts a perfect 5.0 Google rating from 125 reviews, indicating strong customer satisfaction with its e-commerce site. It's a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 3 employees.

The company specializes in retail sales via mail order and internet, as well as other retail sales in non-specialized stores. Its website, Nm Products, offers a range of products, though specific details are unavailable. The business seems to be focused on delivering goods directly to consumers, capitalizing on the convenience of online shopping.

Financially, Nm Products Limited presents a mixed picture. Current assets increased by 14%, reaching £470,000, while creditors rose by 10%, settling at £380,000. Bank borrowings, however, experienced a dramatic 440% increase, reaching £44,000, which could indicate increased investment or operational expenses. Cash reserves grew by 310%, reaching £3,600, suggesting improved liquidity. Trade debtors, however, dropped to zero, a significant shift that warrants further investigation. The company’s equity increased by 41%, reaching £76,000, a positive sign of retained earnings. The company’s tax and social security payments rose substantially, by 330%, reaching £24,000.

Overall, Nm Products Limited appears to be growing, but the surge in bank borrowings and the sudden drop in trade debtors raise questions about its financial health. The lack of an auditor mentioned suggests it’s likely exempt as a small company, relying on unaudited statements. While its Google rating suggests strong customer satisfaction, the company’s financial trajectory needs careful monitoring.

Registered in England/Wales under the registration number 07569270, with a registered address at S12 4BJ, Sheffield, 20 Rainbow Way.

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