Nobletest Limited

Nobletest Limited is a small, active company founded 45 years ago in 1979, operating from Stanmore, Middlesex. It’s a family business with three directors and two owners, employing just four people and holding assets of £140,992. The company’s registered address is real, with only one other company registered at the same location. Nobletest Limited operates in the retail sale by opticians industries and is an irregular importer, primarily dealing in optical and medical tools and devices, with the last import operation occurring in September 01, 2022.

The company’s website, Nobletest Service Ltd, reveals a broader scope of operations: supplying petroleum products, storage, and haulage services. It’s a significant player in the energy sector, boasting a fleet of 120 vehicles, serving over 5,000 clients, and completing 400 deliveries daily. Services include fuel supply, gas haulage, petroleum resale, and energy logistics, catering to diverse energy needs. The website highlights a commitment to reliable petroleum products and services, driven by efficiency and customer satisfaction.

Financially, Nobletest Limited presents a mixed picture. While current assets decreased slightly to £140,000, net assets fell by 3% to £95,000. Bank borrowings have decreased significantly, and cash reserves fell by 15% to £50,000. Creditors have also decreased, suggesting improved debt management. The company's small size (meeting two of three conditions for a small company) allows for agility, but the decline in equity warrants closer examination. The unaudited financial statements, lacking an auditor, rely on director-reported data.

Overall, Nobletest Limited appears to be holding its own, though the financial numbers suggest a need for careful management. The diversification into petroleum services, as highlighted on the Nobletest Service Ltd website, could be a strategic move to bolster revenue streams, but it also introduces new complexities and risks.

Registered in England/Wales under the registration number 01446634, with a registered address at HA7 3AU, 24 Winscombe Way, Stanmore.

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