New Way International Ltd

New Way International Ltd, based in Feltham, UK, is a holding company with an active status, celebrating 21 years since its founding in 03 July 2003. The company employs 54 people and holds assets valued at £16,237,915. Managed by a single director and owner—a solo founder—New Way International specializes in the wholesale of electronic and telecommunications equipment and parts. It’s a regular importer and exporter of electrical machinery and equipment, with 280 months of import activity and 432 months of export activity recorded. The last import and export operations both occurred in January 2025.

The company’s website, NWI, positions itself as a premier tech distribution company delivering innovative solutions to over 400 B2B, network operator, and retail channels. It offers a wide range of products, including handsets, tablets, accessories, gaming peripherals, and computing solutions, alongside value-added services such as warehousing, shipping solutions, and MDM (Mobile Device Management) solutions. NWI also provides financing options, extended warranties, and partner incentive programs. The website highlights a refurbishment program for Samsung and Apple devices, contributing to reduced electronic waste.

Financially, New Way International Ltd’s recent performance indicates some challenges. While cash reserves increased by a substantial 100% to £2,600,000, net assets decreased by 4.5% to £8,200,000. Bank borrowings increased significantly by 2,400% to £29,000, and net losses deepened by 37% to £1,600,000. Trade debtors rose by 890%, suggesting a potential issue with customer payments. Creditors also increased by 35% to £82,000. The company’s small size—meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees—helps it stay agile, but the sharp equity drop raises questions. Alliotts LLP performed the audit, and the report was signed on November 27, 2024. The company is likely exempt from detailed reporting, so the figures rely on unaudited statements.

Registered in England/Wales under the registration number 04820501, with a registered address at TW14 0TW, Feltham, Middlesex, Britannia House, Pier Road.

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