Nordimax Limited

Nordimax Limited, based in Grangemouth, UK, is a small, active company founded three years ago. With a single employee and £424,867 in assets, it operates from a virtual address shared by 155 other companies, a detail that warrants some scrutiny. The business is led by two directors, including the solo founder, Paterson Edward. Nordimax Limited is a regular importer, specializing in textile products, used clothing, and rags, with its last import operation occurring in February 2025. The company operates within the non-specialised wholesale trade industries.

The company's website is currently unavailable, so it’s difficult to ascertain the specifics of its online presence or e-commerce activities. Without a website, it’s likely that Nordimax Limited operates primarily through wholesale channels or direct sales, rather than a consumer-facing online store.

However, a review of the company’s financial data reveals a concerning trend. While the company’s net assets initially stood at -£17,000, they’re now a substantial -£290,000. Cash reserves have fallen significantly, dropping 22% to £7,100. Trade debtors have skyrocketed by 1,900%, reaching £230,000, suggesting potential difficulties in collecting payments from customers. Creditors have also increased dramatically, jumping 720% to £210,000, which could indicate a reliance on short-term financing. On a brighter note, cash bank on hand increased by 22%. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the sharp decline in equity raises questions about its long-term financial stability. The lack of an auditor, typical for a small company, means these figures are unaudited.

Despite these challenges, Nordimax Limited’s consistent import activity suggests ongoing business operations. Whether the company can overcome its financial headwinds and sustain its import business remains to be seen, but the current trends warrant close monitoring.

Registered in Scotland under the registration number SC719080, with a registered address at FK3 8WX, Scotland, Grangemouth, Unit 5 Gateway Business Park, Beancross Road.

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