Nr Components (todmorden) Limited

Nr Components (todmorden) Limited, based in Lancashire, UK, is a small, active company established 42 years ago. With three employees and £271,988 in assets, it’s a long-standing fixture in the local business landscape. The company, owned and directed by Gibbons Paul Duncan, Gibbons June Christine, and Gibbons June Christine, operates from a real address and imports vehicles, parts, and accessories irregularly – the last import was recorded one month ago in December 2022.

The company's website, Cycle Factory, showcases a range of bicycle parts and accessories, including brands like Cube, Nukeproof, and Endura. It's clearly an e-commerce operation, selling everything from brakes and tyres to helmets and cranks. The site also features branded merchandise and a workshop section, suggesting a focus on both retail and service. It’s a pretty slick website, and the photos are really good.

Financially, Nr Components (todmorden) Limited’s recent performance paints a mixed picture. Cash bank holdings have plummeted by a staggering 95%, falling to just £6,000. Trade debtors have exploded, increasing by 440% to £270,000, which could indicate difficulties in collecting payments. On the plus side, creditors have decreased by 40%, suggesting improved debt management. While net assets remain stable at £320,000, the sharp drop in cash reserves is concerning. The company meets the criteria to be considered a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's no mention of an auditor, which is typical for small companies.

Overall, Nr Components (todmorden) Limited appears to be navigating a period of change. While its e-commerce operation seems vibrant, the financial data suggests it’s burning through cash. It’s possible the company is investing in growth or facing temporary challenges—but the significant drop in cash reserves warrants close monitoring.

Registered in England/Wales under the registration number 01670577, with a registered address at OL14 5QY, Lancashire, Der Street, Todmorden.

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