Neaves Ltd

Neaves Ltd from London UK: a small, active company founded two years ago, employs one person, and holds £12,607 in assets. It’s a solo founder operation with a real address and a 5.0 Google rating based on 28 reviews, showcasing a well-regarded e-commerce site. The company operates in both retail sales via mail order and internet, as well as management consultancy activities.

The website, Neaves Rowing Services, focuses on the design and manufacture of fittings for competition and leisure rowing boats, along with accessories like trollies and racks. It's clear the business is dedicated to the rowing world, serving big names and even supporting a full apprentice programme for welding, fabrication, and machine engineering. The site details a rich history, starting in 1980, and highlights the expertise of Kevin and Sharon, who took over from the founder David Neaves in 5007. The business also offers bespoke projects and provides rigging and coaching advice.

Financially, Neaves Ltd presents a mixed picture. While current assets increased by 180% to £13,000, net assets remain negative at -£27,000. Bank borrowings have increased significantly, and cash reserves are at £13,000. Trade debtors have disappeared entirely, suggesting a change in payment practices. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor is typical for a small, exempt company.

Overall, Neaves Ltd appears to be navigating early-stage challenges, but its strong online presence and focus on a niche market—rowing equipment—suggest potential for future growth.

Registered in England/Wales under the registration number 14125937, with a registered address at SE26 5LF, England, London, 58 Kent House Road.

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