New Office Group Ltd
- Small
- Active
- 4 years
- 1 employee
- £939,041 (assets)
- Virtual address
- 1 director
- 1 owner
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
New Office Group Ltd, based in Kettering, UK, is a small, active company established four years ago in November 15, 2020. With a single employee and £939,041 in assets, it operates from a virtual address – one of 143 companies registered at the same location – and is led by one director and owner, Claypole Kevin Nicholas. The company regularly imports furniture, lighting, and prefabricated buildings, with 32 months of import activity recorded, and has also exported these goods for 7 months.
The company’s website is currently unavailable, so it's difficult to ascertain the specifics of their online presence. It's likely that New Office Group Ltd operates primarily as a wholesaler, supplying office furniture to businesses.
Financially, New Office Group Ltd presents a mixed picture. Cash bank on hand has doubled to £870,000, a positive sign of liquidity. However, accumulated depreciation impairment on property, plant, and equipment has increased by 100%, reaching £1000 for computer equipment and £8600 for motor vehicles. Trade debtors have decreased significantly, falling 41% to £66,000, which could indicate improved collection efforts or a shift in sales strategy. Creditors have also increased by 14%, reaching £310,000. Equity has seen a substantial increase, jumping 140% to £650,000, driven by retained earnings. The company’s small size—meeting two of three conditions for being classified as small—allows for agility, but the increased depreciation suggests potential investment in equipment. There is no auditor mentioned, so the accounts are unaudited.
Overall, New Office Group Ltd appears to be in a reasonably healthy position, with strong cash reserves and increased equity. However, the rise in depreciation and creditors should be monitored closely to ensure sustainable growth.
Registered in England/Wales under the registration number 13018486, with a registered address at NN15 6FD, United Kingdom, Kettering, Northamptonshire, 10 Brooklands Court Kettering Venture Park.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Claypole Kevin Nicholas
- 4 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Claypole Kevin Nicholas
- 4 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Confirmation statement made on 2024-11-14 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2024-03-31Download 7 pages pdf report
-
Micro company accounts made up to 2023-03-31Download 3 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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Similar exporters
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FAQ about New Office Group Ltd
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