New Love Limited

New Love Limited, based in Altrincham, UK, is a small, active company established seventeen years ago in 2007. With four employees and £116,592 in assets, it operates from a virtual address—a point of note as thirteen companies share the same location. A single director and owner, Joseph Adi, manage the business, which regularly imports clothing and accessories (not knitted or crocheted) with the latest import recorded four months ago. The company’s core activity involves the retail sale of clothing in specialised stores.

The company’s website, S.I.NEWLOVE Ltd, reveals a different facet: a joinery business offering a wide range of services, from new builds and renovations to kitchen fitting. Operating from Driffield, East Yorkshire, it boasts over 20 years of experience and caters to both private and commercial clients. The website highlights traditional and modern joinery methods, with a gallery showcasing past projects. It’s a well-established business with a clear focus on quality craftsmanship.

Financially, New Love Limited presents a mixed picture. Cash bank on hand increased by 26% to £86,000, which is a good sign, but current assets also rose by 27% to £120,000. However, equity decreased by 25% to £11,000, and net assets also dropped by 25% to £11,000. Trade debtors are now at £13,000, a significant increase. The company’s small size—meeting two out of three criteria for a small company—helps maintain agility, but the drop in equity suggests potential financial pressure. The accounts are unaudited, a common occurrence for small companies, and there's no mention of an auditor. Overall, New Love Limited seems to be holding its own, but the decline in equity warrants closer monitoring.

Registered in England/Wales under the registration number 06340708, with a registered address at WA15 9SQ, Altrincham, Cheshire, 193a Ashley Road, Hale.

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