Neumo Uk Limited

Neumo UK Ltd, based in Shropshire, UK, is a large, active company established 33 years ago. Employing 21 people and boasting assets of £5,525,421, it’s a significant player in the stainless steel sector. The company is owned by Willsmer David Arthur and managed by two directors, with a solid 4.0 Google rating based on three reviews. It regularly imports iron or steel products (562 months) and occasionally exports them (1 month).

The company’s core business, as revealed on its website, revolves around the supply of hygienic tubes, fittings, and connections for the food, beverage, and dairy industries. It’s a specialist stockholder and distributor, offering a wide range of products from stainless steel tubes to pipe clips and structural sections. Notably, Neumo UK Ltd is also linked to AWH Flow Technology, offering valve technology, pigging systems, and tank cleaning solutions. The website highlights its expertise in aseptic technology and even caters to the pharmaceutical industry.

Financially, Neumo UK Ltd shows a mixed picture. While current assets increased by 3.8% to £5,500,000, net assets increased by 8.6% to £4,100,000. Bank borrowings increased by a significant 12,000% to £12,000, and cash reserves increased by 85% to £980,000. Creditors decreased by 14%, suggesting improved debt management. The company meets the criteria to be considered large, with turnover exceeding £36 million, a balance sheet total exceeding £18 million, and over 250 employees. The absence of an auditor mentioned suggests the company is exempt from mandatory auditing.

The increase in bank borrowings could indicate investment in expansion or working capital needs. The company’s strong Google rating and diverse product range suggest a solid reputation, but the financial data warrants close monitoring to ensure long-term stability.

Registered in England/Wales under the registration number 02610843, with a registered address at TF7 4AP, Shropshire, Halesfield 4, Telford.

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