Newco Europe Uk Ltd

Newco Europe Uk Ltd, based in Birmingham, UK, is a small, active company founded eleven years ago in 2014. With four employees and £2,116,983 in assets, it operates from a virtual address – ten companies registered at the same location – and is led by two directors and one owner. The company runs an e-commerce site and regularly imports miscellaneous chemical products, with its last import operation recorded in December 2024.

The website showcases a wide range of products catering to the automotive and industrial sectors. It offers car accessories, car care products, truck supplies, and personal care items, alongside shop hygiene and merchandising support. The site emphasizes easy stock solutions, planograms, and a commitment to customer service. It's a comprehensive online marketplace, clearly designed to serve a B2B audience with a focus on efficiency and reliability.

Financially, Newco Europe Uk Ltd presents a mixed picture. While cash bank on hand increased by 30% to £620,000, creditors surged by 160% to £670,000. Net assets, however, saw a dramatic turnaround, jumping 120% to £260,000 – a significant improvement. Trade debtors also increased by 11%, reaching £970,000. The company's small size (meeting two of three conditions for being classified as small) allows for agility, but the substantial increase in creditors suggests a need for careful cash flow management. The accounts are unaudited, and no auditor is mentioned, which is common for small companies. The sharp increase in equity, however, is a positive sign, potentially reflecting improved profitability or successful cost-cutting measures.

Registered in England/Wales under the registration number 09035681, with a registered address at B3 3AX, England, Birmingham, Mazars, First Floor, Two Chamberlain Square.

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