Nteg Ltd

Nteg Ltd from Bury St. Edmunds UK: small company, active status, founded 4 years ago, £1 assets, yearly revenue: £212, virtual address, 1 director, 1 owner. It’s a small operation, meeting two of three conditions to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company has been active since its incorporation on August 21, 2020, and reports a current asset of just £1, alongside a revenue of £212. A virtual address is listed, with 194 other companies registered at the same location, which is a bit unusual. The business is led by one director and owned by Andrejs Bikovs, although the list of owners may not be exhaustive.

The company operates in a few different areas: retail sale via mail order, event catering, and web portals. Its website, RetailEventsServices, highlights a focus on retail and event services, and includes contact details, a phone number, and operating hours. The site also mentions VAT registration and a registered office address in Mildenhall. It's a simple, functional website, suggesting a small-scale operation focused on direct sales and customer service.

Financially, Nteg Ltd's numbers paint a picture of a company struggling to gain traction. Cash bank on hand has plummeted by a staggering 100% to just £1, and net assets have also dropped significantly. Operating profit loss deepened to -£78, and turnover revenue has fallen by 69% to £210. While creditors have decreased, the sharp decline in cash reserves and profitability raises concerns. The company is exempt from an audit, and the unaudited accounts rely on director-reported data. It’s clear that Nteg Ltd is facing challenges, and the company's future depends on its ability to generate more revenue and manage its expenses effectively.

Registered in England/Wales under the registration number 12830717, with a registered address at IP28 7DE, England, Bury St. Edmunds, Suffolk, 82a James Carter Road, Mildenhall.

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