New Road Innovations Ltd

New Road Innovations Ltd from Oxford UK: a small, active company founded two years ago, employs two people, and holds £6,648 in assets. With two directors and two owners, it operates from a real address and is a private limited company.

The company's activities revolve around supporting businesses in Oxford and beyond. Oxford Innovation doesn't directly sell products; instead, it provides advice, finance, and space to entrepreneurs. Its website details a mission to help places thrive by supporting businesses, offering advice and expertise, raising finance, and creating innovative workspaces. They have over 30 years experience in this sector, and currently support over 850 businesses in 32 centres across the UK and Ireland. They don’t appear to be an e-commerce business themselves, but rather a facilitator for others.

Financially, New Road Innovations Ltd presents a mixed picture. While the company is exempt from an audit, its accounts reveal a concerning trend. Net assets and liabilities are both at -£7,700, indicating a negative equity position. Cash on hand remains at £6,100, but creditors have remained at £14,000. Average employee numbers have increased to two, which is a positive sign, but the negative equity position is a cause for concern. The company's small size (meeting two of three conditions for a small company) allows for agility, but the negative equity suggests it’s burning through cash. It’s possible the company is reinvesting heavily in growth, but further investigation would be needed to confirm this.

Registered in England/Wales under the registration number 14633461, with a registered address at OX2 6HT, Oxford, Oxfordshire, 46/Grassroots Woodstock Road.

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