St. Nicolas Limited

St. Nicolas Limited, from Brierley Hill, UK, is a small holding company with an active status, established ten years ago in 2014. Employing ten people, it holds assets totaling £2,207,410, but operates from a virtual address where 127 companies are registered – a little unusual. Two directors and one owner oversee the business, which regularly imports and exports toys, games, and sports equipment, with 66 months of import activity and 125 months of export activity.

The company’s primary activity is wholesale of household goods, and its website highlights a focus on residential developments in Warwickshire and The Cotswolds. St. Nicholas Developments Ltd, as it’s branded online, emphasizes bespoke homes, quality construction, and customer satisfaction, offering a gallery of past and current projects. Contact forms are available for property inquiries, and the site uses cookies to analyze traffic—a standard practice.

Financially, St. Nicholas Limited presents a mixed picture. While current assets increased by a healthy 41% to £2.2 million, net assets plummeted 33% to £1.6 million. Bank borrowings increased significantly, reaching £810,000, and cash reserves dropped by 45% to £100,000. Creditors decreased by 22%, suggesting improved debt management, but the significant drop in equity is concerning. The company’s small size—meeting two of three conditions for a small company—helps it remain flexible, but the decline in equity could signal financial pressure. The company is exempt from an audit, so the figures are unaudited.

The trend of declining equity, coupled with rising debt, suggests St. Nicholas Limited may be burning through cash. It's possible the residential development business is capital-intensive, requiring significant upfront investment. However, the increase in trade debtors, reaching £1.3 million, could indicate delayed customer payments, which could be a temporary setback.

Registered in England/Wales under the registration number 09235809, with a registered address at DY5 1XG, England, Brierley Hill, West Midlands, Admiral House, Waterfront East.

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