New Century Windows Essex Limited

New Century Windows Essex Ltd from Benfleet UK is a small, active company founded 25 years ago. With 19 employees and £1,007,429 in assets, it’s a modest operation. The company operates from a virtual address, a detail flagged by the presence of 173 other companies registered at the same location. It's managed by three directors, though no owners are officially listed, suggesting one of the directors likely holds a significant stake. The company is an irregular importer, primarily dealing in aluminum and aluminum products, with recent activity recorded just two months ago.

The company’s core business revolves around the manufacture of doors and windows of metal, as evidenced by its website (though no website details were provided). It's a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 49 employees. This status allows it to avoid certain reporting requirements.

A review of the company’s financial data reveals a mixed picture. Current assets have decreased by 9.7% to £1,000,000, while net assets have fallen by 1.2% to £810,000. Bank borrowings have been reduced, with a decrease of 30% in overdrafts. Creditors have also seen a significant drop, down 18%, suggesting improved debt management. However, trade debtors have increased by 21%, potentially indicating challenges in collecting payments. The company’s net losses have deepened, although the exact figure wasn's provided.

The lack of an auditor mentioned is consistent with its status as a small, exempt company. The financial figures are unaudited, so it’s important to interpret them with caution. The decrease in average employees reported during the period, from 19 to 16, could be due to restructuring or seasonal fluctuations. Overall, New Century Windows Essex Ltd appears to be navigating a period of change, with some positive trends in debt management offset by challenges in asset management and profitability.

Registered in England/Wales under the registration number 03947651, with a registered address at SS7 2QL, England, Benfleet, Essex, Broom House 39/43 London Road, Hadleigh.

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