Nutel Solutions Limited
- Small
- Active
- 20 years
- 15 employees
- £1,553,748 (assets)
- Virtual address
- 2 directors
- 1 owner
- Regular importer
- Regular exporter
- Solo founder
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Nutel Solutions Ltd, based in Leigh On Sea, UK, is a small, active company founded 20 years ago in 2005. With 15 employees and £1,553,748 in assets, it operates from a virtual address—a fact highlighted by the presence of 51 other companies registered at the same location. The business is run by two directors and a single owner, who is also the solo founder. Nutel Solutions regularly imports and exports electrical machinery and equipment, with 124 months of import activity and 13 months of export activity recorded, the latest in February 2025.
The company’s website is currently unavailable, making it difficult to assess its online presence and e-commerce activities. However, it operates in the wholesale of electronic and telecommunications equipment and parts, and other telecommunications activities.
Financially, Nutel Solutions Ltd shows some interesting trends. Cash bank on hand increased dramatically by 2100%, reaching £120,000, while total assets grew by 40% to £1,600,000. Trade debtors increased by 73%, suggesting the company is extending credit to customers. However, creditors also surged by 250%, reaching £740,000—a significant increase that could indicate rising costs or supplier pressures. 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 increase in creditors warrants closer scrutiny. The company's net current assets liabilities decreased slightly by 1.1% to £620,000. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.
Overall, Nutel Solutions Ltd appears to be growing, but the rise in creditors suggests it’s important to keep an eye on its cash flow.
Registered in England/Wales under the registration number 05363457, with a registered address at SS9 2SG, United Kingdom, Leigh On Sea, Essex, 1579 London Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 3
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 20 years
- 3
-
Resident of United Kingdom
-
Individual
- 20 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
-
Confirmation statement made on 2025-02-14 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2024-03-31Download 7 pages pdf report
-
Confirmation statement made on 2024-02-14 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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Similar exporters
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FAQ about Nutel Solutions Limited
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