N.v.c.s. Ltd.

Nvcs Ltd, based on Rackheath Industrial Estate in Norwich, UK, is a small, active company established 39 years ago. With 59 employees and £3,409,225 in assets, it’s a well-established player in its sector. The company boasts a solid 4.0 Google rating from seven reviews and is managed by six directors and one owner. It’s an irregular importer, with its top category being electrical machinery and equipment, with recent activity in June 2024.

Nvcs Ltd operates primarily as a supplier of commercial coffee machines, vending machines, and related services. Its website showcases a broad range of products, including hot drink vending machines, food vending machines, and a variety of supplies. The company also provides services like vending technology, finance options, and even offers fresh food and coffee through its Green Farm brands. It seems like they have a strong focus on serving businesses throughout Norfolk, Suffolk, and East Anglia.

Financially, Nvcs Ltd shows a mixed picture. Current assets have increased by 17%, reaching £3,400,000, while net assets have also increased by 9.3%, hitting £3,500,000. Bank borrowings have increased significantly, by 42%, to £1,900,000, and cash reserves have also increased, by 9.3%, to £3,500,000. Trade debtors have decreased by 4%, and creditors have increased by 21%. The company meets the criteria for a small business, with a turnover less than £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s likely unaudited, and the numbers rely on director-reported data.

The increase in bank borrowings, while concerning, could be a sign of investment in the business, such as expanding its Green Farm brands or acquiring new equipment. The company’s focus on customer service and its strong local presence suggest a resilient business model, but keeping an eye on its debt levels will be important moving forward.

Registered in England/Wales under the registration number 01983363, with a registered address at NR13 6LQ, Rackheath Industrial Estate, Rackheath Norwich, Unit 1, Green Farm.

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