Nofence Uk Ltd
- Small
- Active
- 4 years
- 7 employees
- £602,333 (assets)
- Real address
- 2 directors
- No owners
- Regular importer
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Nofence Uk Ltd, based in Shifnal, UK, is a small, active company founded four years ago. Employing just four people, it holds assets valued at £971,602 and operates from a real address. With two directors and no owners reported, it’s a compact leadership team. The company is a regular importer, specializing in electrical machinery and equipment, with 58 months of import activity recorded, the last operation taking place in February 2025.
The company's website showcases a unique product: virtual fencing for livestock. Marketed as "the world’s first virtual fences for livestock," Nofence offers a mobile app-controlled system that eliminates the need for physical fences. The site highlights features like remote pasture management, exclusion zones, and real-time livestock tracking. It’s clear Nofence is targeting farmers looking to improve efficiency and reduce costs. The website also features case studies of farmers successfully using the system, emphasizing its practicality and benefits. It’s a very active site, with a blog and a focus on international markets.
Financially, Nofence Uk Ltd presents a mixed picture. While cash reserves increased by a healthy 74% to £660,000, net assets declined by 120% to -£970,000. This significant drop in equity is concerning. Trade debtors have fallen by a large 60%, which is a positive sign of better collection practices, but creditors have increased by 45%, reaching £1.6 million. Employee numbers have increased from four to seven, which is a good sign of growth, but the substantial losses suggest the company is burning through cash to fuel that expansion. The company is exempt from an audit, so the figures are unaudited.
Overall, Nofence Uk Ltd seems to be a high-growth startup with a novel product. While the increase in employee numbers and cash reserves are encouraging, the negative equity and rising debts are a cause for concern. It’s likely the company is reinvesting heavily in its product and marketing, but it will need to carefully manage its finances to ensure long-term sustainability.
Registered in England/Wales under the registration number 13153896, with a registered address at TF11 9HF, England, Shifnal, Upton Barns, Upton Lane.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Managers
-
Individual
- 1 year
-
Resident of Norway
-
Corporate
- 2 years
- 3
-
Resident of Ireland
Last reports
The latest confirmation statement submitted five months ago.
Last news
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Unaudited abridged accounts made up to 2024-12-31Download 13 pages pdf report
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Confirmation statement made on 2025-01-24 with no updatesDownload 3 pages pdf report
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Unaudited abridged accounts made up to 2023-12-31Download 10 pages pdf report
Importer profile by HS codes
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Last imported products
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