Nørd Inc Ltd

Nord Inc Ltd, based in Lewes, UK, is a small, active company established 20 years ago in 2005. It employs just three people and holds £26,386 in assets, operating from a virtual address—a point to note as eighty-one companies share this location. The business is owned and directed by Yates Sid and Juncal Susan. Nord Inc Ltd runs an e-commerce site and regularly imports clothing and accessories, not knitted or crocheted, with nine months of import activity recorded, the latest in December 2023.

The company’s website details a range of services focused on government technology. It offers platforms for e-services, business registration, civil registration, and financial solutions, targeting public sector clients worldwide. They provide solutions for e-invoicing, digital banking, and retail management, showcasing a diverse portfolio of tech-driven services. It seems they’re aiming to be a global leader in GovTech and FinTech, helping governments and businesses modernize their operations.

Financially, Nord Inc Ltd’s recent performance shows a mixed picture. Current assets decreased by 25% to £26,000, while net assets dropped 9.6% to £31,000. Bank borrowings vanished completely, a positive sign, but cash reserves also fell by 50% to just £1,600. Creditors decreased by 46%, suggesting improved debt management, but trade debtors increased by 44%, which could indicate challenges in collecting payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the decline in equity is something to keep an eye on. As a small company, it's exempt from an audit, so the figures are unaudited.

Overall, Nord Inc Ltd seems to be navigating a period of change. While its GovTech services appear to be in demand, the financial results suggest some pressures—but it’s a small company, and these fluctuations are not uncommon.

Registered in England/Wales under the registration number 05340225, with a registered address at BN7 1UP, England, Lewes, East Sussex, 2 St Andrews Place.

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