New City Limits Limited
- Active
- Small
- 19 years
- 69 employees
- £1,951,662 (cur assets)
- 1m-15m
- Regular importer
- Real address
- 2 directors
- 3 owners
- Family business
- Essex
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
The directors list was changed 3 months ago, a good sign to sell them something.
Field of Operation
Website
Social media
Summary
New City Limits Limited is a small, active company based in Ilford, Essex, UK. Founded eighteen years ago in 2006, it employs sixty-nine people and holds £1,951,662 in assets. It’s a family business with two directors and three owners, operating from a real address shared by five other companies. The company regularly imports furniture, lighting, and prefabricated buildings, with its last import operation recorded six months ago.
The company's website reveals a unique and diverse range of activities. It's not a typical e-commerce site; instead, it functions as a directory and event archive showcasing various community-based initiatives and cultural projects across Navi Mumbai, India. These include listings for leisure centres, art installations, artist talks, and walking tours—a far cry from the import business. The website also highlights collaborations with organizations like CIDCO and Pillai College, suggesting a focus on community engagement and cultural promotion. It seems they are also involved in documenting and archiving local events and artistic endeavors.
Financially, New City Limits Limited presents a mixed picture. While current assets increased by 6.9% to £2,000,000, net assets decreased by 8.5% to £1,300,000. Bank borrowings decreased by 8.7% to £5,000, and cash reserves grew by 36% to £390,000. However, creditors increased significantly by 16% to £1,800,000, and trade debtors decreased by 88% to £2,500. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it maintain flexibility, but the increase in creditors suggests a need to manage debt effectively. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.
Overall, New City Limits Limited seems to be navigating a complex situation. While its import business provides a core revenue stream, its extensive community engagement activities and website suggest a broader mission—perhaps one that’s not fully reflected in its financial performance. It’s a unique case, blending international trade with local cultural promotion, and its long-term success will depend on balancing these diverse interests.
Registered in England/Wales under the registration number 06005709, with a registered address at IG2 6HY, Essex, 364-368 Cranbrook Road, Ilford.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 9 years
- 15
- 50%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 7
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 11
- psc
-
Resident of United Kingdom
Managers
-
Individual
- 3 months
- 15
-
Resident of United Kingdom
-
Individual
- 13 years
- 7
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
-
Appointment of Mr Shyam Lakhani as a director on 2025-12-09Download 2 pages pdf report
-
Termination of appointment of Shyam Lakhani as a director on 2025-12-09Download 1 page pdf report
-
Confirmation statement made on 2025-11-04 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
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