Northern Retail Group Ltd

Northern Retail Group Ltd, based in Liverpool, UK, is a small, active company founded six years ago. Employing just three people, it holds £1,120,003 in assets and operates from a real address. With one director and one owner, the company’s core business revolves around importing rubber and rubber products (though just for a single month) and exporting cocoa and cocoa products—a consistent activity spanning 22 months.

The company’s website paints a picture of a trusted FMCG wholesale distributor, specializing in domestic and international markets. They offer supply chain support, dedicated customer service, and strong industry partnerships, catering to retailers, distributors, and suppliers. They even boast expertise in navigating international markets across Europe, Asia, Middle East, and Africa. The website highlights a focus on expert retail and wholesale solutions, global market access, and a strong network of UK and global brands.

Financially, Northern Retail Group Ltd shows some interesting trends. Current assets have increased by 36% to £1,100,000, while net assets have risen by 13% to £270,000. However, bank borrowings have decreased by 46%, and cash reserves have fallen significantly by 69% to £78,000. Trade creditors have increased by a substantial 86%, suggesting potentially higher short-term obligations. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the decrease in cash reserves warrants attention. There’s no auditor mentioned, which is common for small companies.

Overall, Northern Retail Group Ltd appears to be navigating a period of change. While asset growth is positive, the decline in cash reserves and increase in trade creditors could indicate a need for careful financial management. The company’s focus on international markets and strong industry partnerships suggests a potential for future growth, but it’s important to monitor its financial health closely.

Registered in England/Wales under the registration number 11869261, with a registered address at L24 9HL, England, Liverpool, Unit 4k Goodlass Road.

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