Nts Enterprises Limited

Nts Enterprises Limited, based in Manchester, UK, is a small, active company founded eight years ago. With two employees and £159,633 in assets, it operates from a real address and is managed by one director and one owner. A Google rating of 4.0 from four reviews suggests a positive customer experience. The company specializes in retail sales via mail order and internet, operating within the broader retail sector.

The company's website is minimal, offering little insight into specific products or services beyond its classification as an online retailer. It's difficult to determine the extent of its e-commerce operations without further investigation, but it appears to be primarily focused on online sales.

Financially, Nts Enterprises Limited presents a mixed picture. While cash bank on hand increased dramatically by 970% to £15,000, other key metrics show concerning trends. Net assets plummeted by 97% to just £130, and retained earnings accumulated losses are significantly negative. Trade creditors surged by 320% to £160,000, while total inventories also increased substantially by 320% to £140,000. Cash bank on hand increased, but the significant drop in equity and rise in creditors suggest the company is struggling to manage its finances. Corporation tax payable also increased by 610% to £8,200. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in equity and rising liabilities are a cause for concern. The accounts are described as “filleted” and unaudited, relying on director-reported data.

The company’s financial statements are prepared under FRS 102, and the director acknowledges their responsibilities for accounting records. The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.

Registered in England/Wales under the registration number 10405401, with a registered address at M8 8EG, England, Manchester, 25 Harris Street.

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