This study aims to identify the financial strengths and weaknesses of Unilever Nepal Limited by properly establishing relationships between the items of the balance sheet and profit and loss account. The study covers the largest manufacturing company of Nepal which was listed on Nepal Stock Exchange Limited. The study has been undertaken for the period of six years from 2014 to 2019 and the data was collected from the secondary sources. In the present study, the researcher has analyzed the financial performance of the Unilever Nepal Limited with the help of the information collected from the annual report of the company. This is a major limitation of the research. The study is of crucial importance to measure the firm’s liquidity, solvency, profitability and other indicators that the business is conducted in a rational and normal way; ensuring enough returns to the shareholders to maintain at least its market value. The liquidity position and profitability position of the firm was going to weak. Assets utilization position was satisfactory level.