Nordell Limited

Nordell Ltd, based in Worthing, UK, is a sizable holding company with an active status, celebrating 30 years in business. Employing 177 people and holding assets worth £4,226,951, it’s a significant player in the region. The company, overseen by four directors and a single owner, maintains a real address and boasts a stellar 5.0 Google rating based on three reviews. Nordell Ltd specializes in the import and export of machinery, boilers, and mechanical appliances; parts, with a consistent record of 155 months of imports and 228 months of exports.

The company’s website doesn’t reveal much about its direct operations; it appears to be primarily a B2B supplier rather than an e-commerce retailer. There's no online storefront or direct sales platform visible, suggesting a focus on wholesale or contract-based supply chains.

Financially, Nordell Ltd presents a mixed picture. While current assets remain relatively stable at £4,200,000, net assets have decreased by 2.9% to £4,100,000. Bank borrowings have decreased by 35% to £76,000, and cash reserves have fallen 21% to £28,000. A significant decrease in trade debtors by 32% suggests improved collections, while creditors have increased by 18%. The company meets two of three criteria to be considered a small company (turnover over £36 million, balance sheet total over £18 million, average number of employees over 250). The lack of a detailed auditor’s report, likely due to its size, means the figures are unaudited.

The decrease in net assets, while not catastrophic, could indicate increased investment in inventory or equipment to support its import/export activities. The reduction in bank borrowings is a positive sign, suggesting better financial management. Overall, Nordell Ltd appears to be a stable, albeit somewhat challenged, business navigating the complexities of international trade.

Registered in England/Wales under the registration number 02971665, with a registered address at BN14 8NW, Worthing, West Sussex, 4 & 5 Teville Industrials, Dominion Way.

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