Nmk Engineering Limited

Nmk Engineering Ltd from Bangor UK: a small, active company founded 15 years ago, employs seven people, and holds £158,640 in assets. It’s a family business with three directors and two owners, boasting a respectable 4.0 Google rating based on one review. The company regularly imports furniture, lighting, and prefabricated buildings—most recently in August 2024.

The company operates in the wholesale of electronic and telecommunications equipment and parts industries. Its website, NMK Engineering Lighting Supplies, showcases a range of lighting solutions and sourcing services, partnering with manufacturers like Fagerhult, LTS, and BetaCalco. It’s clear the company is focused on B2B sales, offering design, sourcing, and project support. The website uses cookies to improve your experience, which is a standard practice.

Financially, NMK Engineering Ltd shows some concerning trends. While cash reserves have increased dramatically, jumping 510% to £28,000, current assets have decreased by 5% to £160,000. Trade debtors have fallen by 22%, which is good, but net assets have only increased slightly, rising just 1.5% to £32,000. The most worrying sign is the significant increase in net current liabilities, which has risen 66% to -£240,000. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the increasing liabilities suggest it’s burning through cash. There's no auditor mentioned, which is common for small companies.

Overall, NMK Engineering Ltd appears to be facing some financial pressures despite its active import activity and positive Google rating. The company’s long-term sustainability will depend on its ability to manage its liabilities and maintain its customer base.

Registered in Northern Ireland under the registration number NI602302, with a registered address at BT19 7TA, Northern Ireland, Bangor, Unit 4c Enterprise Business Park, Enterprise Road.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.