Nnid Limited

Nnid Limited is a small, active company based in Croydon, UK, founded thirteen years ago in 2012. With a real address and just £174,916 in assets, it’s a solo-founded operation managed by one director and owner. The company employs a single person and regularly imports furniture, lighting, and prefabricated buildings – a total of seven months of import activity recorded, with the latest operation made in October 2024. It operates in the specialised design activities industries.

The company’s website is non-existent, which makes it difficult to understand what they are doing. It’s likely they operate solely through business-to-business channels, without a public-facing storefront.

Financially, Nnid Limited presents a mixed picture. While current assets have doubled to £170,000, net assets have also increased significantly to £100,000. Cash bank on hand has seen a healthy rise of 25% to £39,000, suggesting improved liquidity. However, creditors have surged by a substantial 120% to £74,000, indicating a greater reliance on short-term financing. Trade debtors have also increased significantly, by 150% to £140,000, which could be a sign of delayed customer payments. The company meets two of three conditions to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are unaudited, which is common for small companies.

The increase in creditors and debtors could be due to growth, but it’s worth noting that the company’s net losses have not been reported. The director has elected not to deliver a profit and loss account, which is allowed under the small companies regime.

Registered in England/Wales under the registration number 07961958, with a registered address at CR0 5BA, England, Croydon, Bracken, Bishops Walk.

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