London New World Trading Limited

London New World Trading Limited, based in London, UK, is a small, active company founded four years ago. With a single employee and £10,724 in assets, it’s a solo founder operation managed by one director and owner. The company enjoys a solid 4.0 Google rating from five reviews, suggesting good customer satisfaction.

The business operates in the non-specialised wholesale trade and retail sale via mail order houses or via the internet. Its website, NWTC Careers, primarily showcases job opportunities and includes a simple menu and privacy policy—a basic online presence. There’s no obvious e-commerce functionality, suggesting a focus on B2B wholesale or potentially a recruitment agency rather than direct consumer sales.

Financially, London New World Trading Limited shows a mixed picture. Current assets have declined by 12%, dropping to £11,000, while net assets have fallen by a more significant 35%, now standing at £2,200. Bank cash reserves have also decreased by 13%, now at £10,000. Interestingly, other creditors have increased by 33%, reaching £2,900, and tax/social security payable is now zero—a positive change. Loans from directors have also decreased by 12%, now at £5,700. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible. With no auditor mentioned, the accounts are unaudited and classified as “filleted accounts.”

Overall, London New World Trading Limited appears to be navigating a period of contraction. While the business maintains an active status and positive customer reviews, the declining asset base and increasing creditors suggest it's burning through cash. Whether this is a temporary setback or a longer-term trend remains to be seen.

Registered in England/Wales under the registration number 12937769, with a registered address at N2 0UY, England, London, 12 Clare Close.

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