Narbutas Ltd

Narbutas Ltd, based in Newcastle Upon Tyne, UK, is a small, active company founded ten years ago in 2015. With ten employees and £576,242 in assets, it operates from a virtual address—a fact highlighted by the presence of forty-three other companies registered at the same location. The company is run by two directors and has one owner, Narbutas Petras. It’s a regular importer, specializing in furniture, lighting, and prefabricated buildings, with 25 months of import activity recorded, the latest in February 2025. The company’s website is not available, so it’s difficult to know the specifics of their operations.

Narbutas Ltd operates in the advertising agencies industries. While it's a small company, meeting two of three criteria (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), it’s a well-established presence in the import sector.

A review of the company's financial data reveals some interesting trends. While cash bank on hand increased by a substantial 71% to £120,000, accrued liabilities deferred income decreased by 56% to £31,000. Debtors saw a significant drop of 19%, falling to £250,000, which could indicate improved collection efforts, or possibly reduced sales. However, net current assets and liabilities increased by 11% to £310,000, and trade creditors decreased by 68% to £4,400. The company’s equity increased by 13% to £350,000, a positive sign of retained earnings. Future minimum lease payments under non-operating leases dropped dramatically by 79% to £50,000, which could reflect a renegotiation of lease terms. The company’s unaudited financial statements were prepared by Azets Audit Services. It’s worth noting that the company has taken exemption not to publish its own profit loss account.

Registered in England/Wales under the registration number 09583145, with a registered address at NE3 3LS, United Kingdom, Newcastle Upon Tyne, C/O Azets Bulman House, Regent Centre, Gosforth.

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