Novaflex Limited

Novaflex Ltd from Birkenhead, UK, is a small, active company founded 17 years ago. With 13 employees and £1,670,457 in assets, it operates from a virtual address, managed by three directors and two owners—a family business. The company regularly imports iron or steel products (129 months) and exports rubber and rubber products (64 months).

The business is classified as a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. It's a regular importer, with its top import category being Iron or Steel Products, totaling 129 months of imports. The last import operation was conducted on February 01, 2025. The company is a regular exporter, with its top export categories including Rubber and rubber products, totaling 64 of months exports. The last export operation took place on February 01, 2025.

The company operates in the other business support service activities n.e.c. industries. It's a tight-knit operation, but the financial data reveals some interesting trends. Accumulated depreciation for computer equipment increased by 8.2%, while furniture fittings rose by 4.1%. Bank borrowings increased to £7,900, and creditors decreased by 2%, suggesting better debt management. Net current assets and liabilities remained stable.

The company’s assets have decreased by 10%, which is a concern. Trade debtors have fallen by 28%, which could be a sign of slower payments from customers. Payments to related parties decreased by 19%, which could be a positive sign of reduced reliance on external funding. The company’s small size helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned, the figures rely on unaudited statements.

In short, Novaflex Ltd is holding steady but facing pressures. The company’s focus on importing and exporting specific products suggests a specialized niche, but the financial data indicates a need for careful management to ensure long-term stability.

Registered in England/Wales under the registration number 06558300, with a registered address at CH41 5LH, England, Birkenhead, 6, Abbots Quay, Monks Ferry.

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