Norden Communication Uk Ltd

Norden Communication Uk Ltd, based in Clacton-on-Sea, UK, is a small, active company established eighteen years ago. With nine employees and £323,350 in assets, it operates from a real address and is managed by two directors and one owner. The company regularly imports and exports electrical machinery and equipment, with nineteen months of import activity and twenty-three months of export activity recorded.

The company’s website showcases a broad range of products and services related to electrical components, networking solutions, and surveillance systems. It appears to be primarily a B2B supplier rather than a direct-to-consumer e-commerce operation, offering a comprehensive catalog of cables, connectors, patch panels, and other networking accessories. The website also highlights its capabilities in fire alarm systems, public address systems, and surveillance solutions, suggesting a focus on commercial and industrial clients. There’s a strong emphasis on technical specifications and industry certifications, like CPR ratings and various cable standards, indicating a focus on quality and compliance.

Financially, Norden Communication Uk Ltd presents a mixed picture. Cash bank on hand has plummeted by a staggering 92%, dropping to just £1,100. Creditors have increased by 15%, reaching £880,000, while debtors have fallen by a significant 82%, leaving only £27,000. Equity has also taken a hit, with retained earnings and accumulated losses increasing by 35%, resulting in a net equity of -£1.6 million. While the company meets the criteria for a small company, with turnover under £10.2 million and assets under £5.1 million, the decline in cash and the negative equity are concerning. The company’s accounts are unaudited, and no auditor is mentioned.

The sharp decrease in cash reserves, coupled with the increase in creditors, suggests that Norden Communication Uk Ltd may be facing cash flow challenges. It's possible that the company has invested in inventory or expanded its operations, leading to a temporary strain on its finances. However, the negative equity is a more serious concern, indicating that the company’s liabilities exceed its assets. Whether this is a short-term blip or a longer-term trend remains to be seen, but it warrants close monitoring.

Registered in England/Wales under the registration number 06037554, with a registered address at CO15 4BD, United Kingdom, Clacton On Sea, Essex, Unit 10 Baker Close, Oakwood Business Park.

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