New Vision Co. Ltd

New Vision Co. Ltd, based in New Malden, UK, is a small, active company established 14 years ago in 2010. It holds £501,876 in assets and operates from a real address, managed by one director and one owner. The company is a regular importer of electrical machinery and equipment, with four months of import activity recorded, and exports toys, games, and sports equipment, having exported for five months. The website, New Vision Proceed To NewVision, suggests a focus on e-commerce.

The company operates in the non-specialised wholesale trade industries, and its size is classified as small, meeting two out of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The business has a real address, with only two companies registered at the same address.

Financially, New Vision Co. Ltd shows a mixed picture. Current assets have decreased by 44% to £500,000, while net assets have also declined to -£31,000. Bank borrowings have fallen by 58% to £21,000, and cash reserves have increased by 38% to £15,000. Creditors have also decreased by 58% to £21,000. The increase in trade debtors by 890% and the decrease in recoverable tax by 100% are notable. The company’s small size allows for agility, but the negative equity and rising debtors could be a concern. There is no auditor mentioned, which is common for small, exempt companies.

The company’s financials suggest it’s facing some pressures, but the e-commerce operation appears to be active. Whether it can maintain its current trajectory remains to be seen.

Registered in England/Wales under the registration number 07343941, with a registered address at KT3 4BH, England, New Malden, Dawson House Second Floor, 131-135 High Street.

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