New City Scales Limited

New City Scales Ltd from Milton Keynes UK: a small, active company founded eight years ago, employs nine people, and holds £2,357,215 in assets. It has a real address, three directors, and one owner, and boasts a stellar 5.0 Google rating based on four reviews. The company is a regular importer of electrical machinery and equipment, with six months of import activity recorded.

The company operates in the repair of machinery, the renting and leasing of other machinery, equipment and tangible goods n.e.c. industries. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company is a regular importer, with its top import category being Electrical machinery and equipment, totaling six months of imports. The last import operation was conducted on January 01, 2025.

While New City Scales Ltd doesn’s have a website, the company’s name suggests a focus on weighing scales and related services. This could involve sales, repairs, calibration, and installation of weighing equipment for various industries. The business likely caters to local businesses in Milton Keynes and surrounding areas.

Financially, New City Scales Ltd shows a mixed picture. Current assets increased by 54%, reaching £2,400,000, while net assets grew by 30% to £2,000,000. Cash reserves increased significantly, rising 400% to £630,000. However, bank borrowings increased by 15%, reaching £1,100,000, and creditors rose 15%, reaching £1,100,000. Trade debtors increased by 32%, reaching £1,600,000. The company’s small size helps it remain agile, but the increase in debt suggests it’s possibly investing in growth or facing some financial pressures. There’s no auditor mentioned, likely due to its status as a small company. The increase in liabilities may be a result of the company expanding its operations or purchasing new equipment.

Registered in England/Wales under the registration number 10418430, with a registered address at MK17 0PD, United Kingdom, Milton Keynes, Unit 3a The Hollows Winslow Road, Little Horwood.

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