Nrb Retail Ltd

NRB Retail Ltd, based in Ashton-Under-Lyne, UK, is a small, active company founded seven years ago. With just two employees and £282,363 in assets, it’s a family business with a solo founder at the helm, managed by two directors and two owners. The company operates from a virtual address – registered at a location shared by twenty-four other companies – and has been trading for a while.

NRB Retail Ltd’s primary focus is retail, specifically the sale of sports goods, fishing gear, camping goods, boats, and bicycles, both through mail order and online. However, a deep dive into their website reveals a much larger operation: NRB Bank PLC. The site functions as a comprehensive banking platform, offering a wide array of services from retail deposit accounts and loans to corporate banking and Islamic finance. It boasts a network of branches, ATMs, and even a dedicated Islamic banking window. The website also highlights partnerships with various discount providers and emphasizes its commitment to sustainability and corporate social responsibility. It’s quite a contrast to the smaller retail arm.

Financially, NRB Retail Ltd’s picture is a bit mixed. While current assets grew by a respectable 37% to £280,000, net assets also increased by 20% to £210,000. However, creditors rose significantly by 120% to £75,000, suggesting increased borrowing. Cash bank on hand also saw a substantial increase of 120% to £100,000. The company’s small size – meeting two of three conditions to be considered small – helps it remain nimble, but the rise in creditors does warrant a closer look. The accounts are unaudited, and there is no auditor mentioned, which is common for small companies.

Overall, NRB Retail Ltd appears to be a small retail arm of a much larger banking operation. The bank’s extensive services and wide network suggest a more robust and established business, while the retail side seems to be a smaller, more focused endeavor. It’s unclear how closely the two are integrated, but both emphasize British craftsmanship and customer service.

Registered in England/Wales under the registration number 11086843, with a registered address at OL6 7FW, England, Ashton-Under-Lyne, Lancashire, Suite 204 Ashton Old Baths, Stamford Street West.

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