Nomical Limited

Nomical Ltd, based in Manchester, UK, is a small holding company with an active status, having been founded eighteen years ago in 2006. Employing thirty-one people, the company holds £1,873,270 in assets and operates from a real address. With four directors and one owner, it maintains a stellar 5.0 Google rating based on five reviews. The company is an irregular importer of electrical machinery and equipment, with just two months of import activity recorded, the last in May 2022.

Nomical’s website positions itself as a provider of end-to-end IT services and dedicated support for businesses. They offer cloud integration, managed IT solutions, network services, 24/7 monitoring support, IT transformation, communications solutions, cyber security, self-service automation, IoT support, and business growth services. Their services are tailored to meet the specific needs of each client, with a focus on resilience and innovation. The website highlights partnerships with industry leaders like PureGym and The Gym Group, and showcases a series of client testimonials praising their responsiveness and expertise. They're also proud of their recent awards, including recognition for customer focus and IT infrastructure support.

Financially, Nomical Ltd presents a mixed picture. Current assets have decreased by 18%, falling to £1,900,000, while net assets have also declined by 19%, settling at £1,400,000. Bank borrowings have been reduced by 28%, down to £37,000, and cash reserves have fallen significantly by 46%, now at £760,000. On a positive note, creditors have decreased by 28%, suggesting improved debt management. Trade debtors have increased by 35%, which could be a result of expanding sales, but it's important to monitor this trend. The company meets the criteria to be considered small, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s likely exempt from a full audit, so the financial statements are unaudited. The increase in prepayments accrued income is also a notable trend.

Overall, Nomical Ltd appears to be navigating a period of change. While its services are well-regarded and its client base is growing, the decline in assets and cash reserves warrants careful attention. The company’s ability to maintain its strong customer relationships and adapt to evolving market conditions will be crucial for its long-term success.

Registered in England/Wales under the registration number 06035958, with a registered address at M3 4AE, England, Manchester, Suite 6, Level 3, A Building, Abc Building, Quay Street.

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