Nydc Ltd

Nydc Ltd from London UK: small company, active status, founded 7 years ago, £170,675 assets, real address, 1 director, 1 owner. Irregular importer of toys, games, and sports equipment (1 months imported). It’s a small, active company based in London, established seven years ago. With just one director and owner, Berger Yehuda, it operates as an irregular importer, primarily dealing in toys, games, and sports equipment, with the last import activity recorded a while back in December 2022. The company’s asset base sits at £170,675, and it shares an address with five other businesses, suggesting a real, physical location.

The company’s website, nycd.co.uk, reveals a much larger operation: the New Yangon City Development Company Ltd. This entity is focused on developing a new city in Myanmar, a massive undertaking involving urban planning, infrastructure, and economic development. The site is packed with reports, guidelines, and infographics detailing the project's scope, including population targets, employment projections, and land development plans. It seems Nydc Ltd in London acts as a conduit for this international development initiative, facilitating imports and potentially handling financial aspects of the project. The website’s content is very detailed and technical, suggesting a focus on attracting investors and stakeholders.

Financially, Nydc Ltd’s recent performance shows some concerning trends. Cash reserves have plummeted by a significant 88%, leaving just £990 remaining. While trade debtors have increased by 25%, indicating potentially delayed payments from customers, creditors have also risen, and the company's bank balance is low. The company's assets are down by 35%, and the company’s net assets are up by 19%. Despite these challenges, Nydc Ltd meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests the company is exempt from an audit. Overall, Nydc Ltd appears to be facing financial pressures, but its connection to a large-scale development project could provide opportunities for future growth.

Registered in England/Wales under the registration number 11222944, with a registered address at E5 9LF, England, London, 46 Moresby Road.

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