North Product Design Ltd

North Product Design Ltd, based in Nelson, UK, is a small, family-run business with an active status. Founded ten years ago in 2014, the company employs just two people and holds £115,532 in assets. It operates from a virtual address, registered to a building shared by forty other companies, and is managed by two directors and two owners. The company is an irregular importer of electrical machinery and equipment, with two months of import activity recorded, and an irregular exporter of furniture, lighting, and prefabricated buildings, with one month of export activity.

The company’s website, Lancashire Business View, is a magazine connecting the business community. It doesn't appear to be an e-commerce site, but rather a platform for news, events, and advertising aimed at businesses in Lancashire. The site features articles on various sectors, including construction, digital, energy, and tourism, and offers networking opportunities through events and a membership program. It’s a hub for local business information, not a direct sales channel for North Product Design Ltd.

Financially, North Product Design Ltd’s recent performance presents a mixed picture. While current assets increased by 18%, reaching £120,000, net assets decreased by 26%, falling to £14,000. Bank borrowings increased significantly, rising 20% to £9,600, and cash reserves doubled to £28,000. Creditors also increased by 40%, reaching £90,000, which could be a result of increased business activity. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in equity raises questions about its long-term financial health. As a small company, it’s likely exempt from an audit, so the figures are unaudited. The company’s directors are Nathan Michael Partington and Georgina Sarah Partington.

Registered in England/Wales under the registration number 09347079, with a registered address at BB9 9XY, England, Nelson, Charter House, Stansfield Street.

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