Nugent & Gibney Limited

Nugent And Gibney Ltd from Co Armagh UK: a small, active company founded 48 years ago, employs 32 people, and holds £1,010,393 in assets. It’s a real address with two directors and one owner, a solo founder, and enjoys a perfect 5.0 Google rating based on five reviews. The company regularly imports furniture, lighting, and prefabricated buildings (9 months of import activity), and occasionally exports electrical machinery and equipment (1 month of export activity).

The company’s website showcases its role as one of Ireland’s leading contract furniture manufacturers. It specializes in supplying indoor and outdoor furniture to venues like nightclubs, bars, hotels, restaurants, and fast-food outlets. The site highlights projects completed for various establishments and emphasizes quality, professional workmanship, and design. It’s clear that Nugent & Gibney Ltd focuses on the hospitality industry, offering bespoke furniture solutions.

Financially, the company’s numbers show some interesting trends. Current assets decreased by 19%, dropping to £1,000,000, while net assets also fell by 3.2% to £980,000. Bank borrowings were reduced by 41%, but cash reserves declined by 31% to £600,000. Creditors, however, decreased by 21%, suggesting improved debt management. The company’s small size—meeting two of three conditions for being a small company—helps it remain flexible. The figures are unaudited, as is typical for companies of this size, and there's no auditor mentioned.

It seems like Nugent & Gibney Ltd is navigating a period of change. While the contract furniture business appears strong, the decline in cash reserves and assets warrants close attention. Whether this is a temporary dip or a longer-term challenge remains to be seen, but the company’s long history and reputation suggest it's well-positioned to weather the storm.

Registered in Northern Ireland under the registration number NI011715, with a registered address at BT61 8EP, Co Armagh, 149 Loughgall Road, Armagh.

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