We Are Nium Ltd

We Are Nium Ltd is a small, active company based in Abingdon, UK, founded two years ago in June 2022. With three employees and £1,322,113 in assets, it operates from a real address and is overseen by four directors and three owners. The company’s status is active, and it’s classified as a small company, meeting two of the three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. It’s an irregular importer, specializing in electrical machinery and equipment, with its last import operation recorded one month ago in November 2023.

The company’s website, We Are Nium, details a mission to decarbonise the global ammonia supply chain using nanotechnology. It focuses on “clean ammonia on demand,” highlighting ammonia as a crucial hydrogen energy carrier and fertiliser precursor. The site emphasizes the company’s “nanocatalytic mighty minion nanoreactors” capable of producing one tonne of clean ammonia daily, scalable by employing more “minions.” Recent news highlights a nomination for The Earthshot Prize 2025, a prestigious environmental award. The website also showcases partnerships and explores the future of ammonia in fertiliser and hydrogen production.

Financially, We Are Nium Ltd presents a mixed picture. Cash bank on hand has significantly dropped by 56%, falling to £960,000. Debtor values have increased by a staggering 3,900%, reaching £360,000. Equity has taken a hit, with retained earnings and accumulated losses decreasing by 250%. Creditors have also risen substantially, increasing by 220%. The average number of employees has doubled to seven, which could be a contributing factor to the increased costs. The company's net assets have decreased by 22%, and net current assets by 48%. While the company is exempt from an audit, the unaudited figures suggest a period of rapid growth and investment, but also potential financial strain.

Registered in England/Wales under the registration number 14150518, with a registered address at OX14 4SA, England, Abingdon, 126a Olympic Avenue, Milton.

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