Neo G Limited

Neo G Ltd, based in Knaresborough, UK, is a holding company with a 20-year history and an active status. Employing 25 people, the company manages assets totaling £6,818,761 and operates from a real address within the Knaresborough Technology Park. It's a surprisingly complex operation, overseen by seven directors and owned by Starkey Paul Edward, who is the solo founder. The company runs an e-commerce site and enjoys a stellar 5.0 Google rating from nine reviews. Neo G is a regular importer and exporter of optical and medical tools and devices, with 137 months of import activity and 39 months of export activity, the latest being January 01, 2025.

Beyond its online presence, Neo G specializes in providing supports, braces, footcare, and medical solutions. Its website highlights a broad range of products, from knee supports and insoles to wound care and compression hosiery, catering to both everyday use and rehabilitation needs. The site even features a "product selector" to help customers find the right support for their specific needs.

Financially, Neo G Ltd’s recent performance presents a mixed picture. While turnover increased by 19%, reaching £15 million, net assets actually decreased by 11%, settling at £5.8 million. Bank borrowings surged by a staggering 2,400%, reaching £610,000, while cash reserves dwindled 62%, falling to £41,000. Creditors also increased by 35%, reaching £340,000. Despite these challenges, the company managed to reduce its losses, which deepened by 19% to -£23,000. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements.

The company’s increased borrowing suggests a need for capital investment, perhaps to expand its product lines or marketing efforts. The decrease in cash reserves, however, raises concerns about short-term liquidity. Despite these pressures, Neo G’s strong online reputation and focus on specialized medical products position it for continued growth, though careful financial management will be essential.

Registered in England/Wales under the registration number 05182055, with a registered address at HG5 8LF, England, Knaresborough, North Yorkshire, Building A Knaresborough Technology Park, Manse Lane.

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