Nvision Limited

Nvision Limited is a small, active company based in Manchester, UK, established nineteen years ago in 2005. It employs eight people and holds £45,298 in assets, operating from a virtual address shared by thirty-seven other companies. With one director and owner, Iqbal Mohammed Haris, the company regularly imports optical and medical tools and devices, with its last import operation occurring in June 2022. The company operates in the retail sale by opticians, the other human health activities industries.

Nvision Limited’s website, nvisionfwd.com, showcases a digital freight forwarding platform aimed at simplifying logistics. The site highlights a “revolutionary” approach to freight forwarding, offering services like air and ocean freight solutions, 3rd party logistics, and even customized solutions. It’s clear the company is targeting businesses struggling with the complexities of international shipping, offering a user-friendly platform and emphasizing control and transparency. The site's design suggests a modern, tech-driven approach, with a focus on ease of use and customer support. There's a strong emphasis on being a digital solution for a traditionally complex industry.

Financially, Nvision Limited is facing some significant challenges. Retained earnings have plummeted by a staggering 96%, ending at -£160,000, while net assets have also dropped dramatically to -£160,000. Cash reserves have fallen by 5.7% to £1,800. Creditors have increased substantially, with current financial instruments rising 420% to £130,000. While debtors have increased by 130%, suggesting better payment collection, the overall picture is concerning. The company’s small size (meeting two of three criteria for a small company) might offer some flexibility, but the sharp decline in equity raises questions about its long-term viability. The accounts are unaudited and exempt, relying on director-reported data.

Despite these financial pressures, Nvision Limited appears to be actively pursuing growth through its digital platform and expanding its service offerings. Whether it can overcome these financial headwinds remains to be seen.

Registered in England/Wales under the registration number 05553979, with a registered address at M1 3BE, England, Manchester, Ams Medical Accountants 9 Portland Street, Floor 2.

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