New Circuit Test Limited

New Circuit Test Ltd from London UK: a small, active company founded 16 years ago, employs 14 people, and holds £577,122 in assets. It’s managed by three directors and has one owner, Clark Alexander David. The company regularly imports electrical machinery and equipment (6 months) and exports optical and medical tools and devices (3 months).

Based in Glasgow, Scotland, New Circuit Test Ltd (NCT) specializes in the design and manufacture of custom test solutions and standard test equipment for printed circuit boards and electronic products. Established in 1991, NCT has produced thousands of test solutions for major OEMs and the electronics manufacturing sector globally. Their services include in-circuit testing, functional testing, and custom test stations, alongside design, manufacturing, and CNC machining. The company's website highlights its commitment to innovation and service, catering to a global client base.

Financially, New Circuit Test Ltd presents a mixed picture. While current assets increased by a healthy 39% to £580,000, equity took a dramatic hit, surging 5,600% to £140,000. Bank borrowings decreased by 32%, to £21,000, and cash reserves grew 17% to £350,000. Trade debtors increased significantly, by 160%, reaching £180,000, which could indicate a shift in payment terms or increased sales on credit. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the large increase in equity suggests a possible injection of capital or a revaluation of assets. No auditor is mentioned, as the company is exempt. The company’s growth in assets and cash reserves are encouraging, but the increase in trade debtors warrants monitoring.

Registered in England/Wales under the registration number 06878425, with a registered address at E4 9BE, London, 5 Woodside Gardens.

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