Nordik Light Limited

Nordik Light Ltd from Brighton UK: a small, active company founded 19 years ago, employs four people, and holds £369,215 in assets. It operates from a virtual address, is led by one director and owner (the solo founder), and regularly imports jewelry, precious stones, and metals – a consistent activity spanning 86 months, with the latest import in January 2025. The company’s core business is wholesale of watches and jewellery.

The company’s website is not available, so it’s difficult to determine if it’s an e-commerce operation. However, the wholesale focus suggests a business-to-business model, likely supplying retailers or other businesses rather than selling directly to consumers.

Financially, Nordik Light Ltd presents a mixed picture. While current assets increased by 36% to £370,000, net assets took a significant hit, dropping 59% to -£25,000. This decline in equity is concerning, suggesting the company is burning through cash faster than it’s generating revenue. Bank borrowings decreased by 16%, which is positive, and cash reserves saw a dramatic increase of 230%, reaching £63,000. Trade debtors rose by 19%, which could indicate increased sales but also potential issues with collecting payments. Creditors decreased by 42%, which is a good sign of improved debt management. The company’s small size (meeting two of three criteria for being a small company) allows for agility, but the negative equity is a red flag. No auditor is mentioned, which is typical for a small, exempt company.

Overall, Nordik Light Ltd appears to be navigating a challenging period. While the increase in cash reserves is encouraging, the negative equity and rising trade debtors warrant close monitoring. It’s possible the company is investing in growth, but the financial data suggests a need for careful management to avoid burning through cash too quickly.

Registered in England/Wales under the registration number 05600216, with a registered address at BN1 1UJ, United Kingdom, Brighton, 100 Church Street.

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