Nsp Europe Limited

Nsp Europe Ltd from Borehamwood UK is a small, active company founded 31 years ago. With 22 employees and £8,074,298 in assets, it operates from a real address and is managed by three directors, although no owners are officially listed. The company regularly imports and exports electrical machinery and equipment, with 73 months of import activity and 35 months of export activity recorded.

The company’s website, nspeurope.co.uk, positions itself as a supplier of security systems, including CCTV, alarms, and access control. It connects customers with local security companies, offering a platform for finding installers and getting quotes. The site also features a directory of security companies, highlighting their services and expertise. It seems they are trying to generate leads for security installers through a one-time listing fee, offering a professional profile and boost in local SEO.

Financially, Nsp Europe Ltd shows a mixed picture. Cash and cash equivalents have seen a significant increase of 110%, reaching £3.1 million, a positive sign of improved liquidity. However, net losses deepened to -£24,000, and trade debtors increased by 44%, suggesting potential challenges in collecting payments. Creditors have also risen by 72%, reaching £2.1 million, and raw materials and consumables have decreased by 37%. Despite these pressures, the company’s net assets have increased by 17%, reaching £6.1 million. The company is exempt from audit as a small company.

While the increase in cash is encouraging, the rising debts and losses indicate a need for careful management. 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 financial trends warrant close monitoring.

Registered in England/Wales under the registration number 02823057, with a registered address at WD6 1NA, Borehamwood, Hertfordshire, Unit 5 Devonshire Business Park, 4 Chester Road.

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